Browse Data and Analysis

On March 31, 2025, the Government of Vietnam (GVN) issued Decree 73/2025/ND-CP, reducing the Most-Favored-Nation (MFN) import tariff rates on corn, soybean meal, ethanol, frozen chicken drumsticks, in-shell pistachios, almonds, fresh apples, cherries, and raisins. The decree takes effect immediately.

On March 4, 2025, the General Administration of Customs of China (GACC) announced it was suspending processing imports of U.S. logs. GACC stated that these suspensions were in response to recent detections of forest pests such as bark beetles and longhorn beetles in U.S. shipments.

The United Kingdom (UK) is the largest consumer of wood pellets, globally. UK wood pellet regulations have not significantly diverged from the European Union (EU) following Brexit.

On October 7, 2024, Japan's Forestry Agency proposed the list of organizations which the Minister of Agriculture, Forestry and Fisheries would like to designate as certifiers of information under the revised Clean Wood Act.

Wood consumption is expected to recover slightly in 2024 compared to 2023. In 2023, the value of wood product imports declined 19 percent from 2022, the lowest import value in the past ten years.

MMT), the first reduction since 2015. This drop is caused by a mild winter and a reduced demand from the commercial power sector. Current low prices, combined with government incentives, are forecast to support the popularity of biomass for residential heating in 2024.

India’s annual import of logs, lumber, and wood products has increased from $630 million to $2.3 billion over the past two decades, with U.S. market share reaching a record high $84 million in 2023.

Japan’s Ministry of Agriculture, Forestry and Fisheries invites public comments on proposed revisions of the Japan Agricultural Standards for cross laminated timber (CLT), sawn lumber (except dimension lumber), and flooring through July 2, 2024. Comments must be submitted in Japanese.

EU imports of fuel wood totaled $1.8 billion in 2023. The two main categories of fuel wood imported by the EU are wood pellets and wood chips. This report focuses on the bioenergy market for wood chips in Northwestern Europe, which is increasingly seeking to import from outside the EU.

On December 12, the Secretary of State (SOS) for Environment, Food and Rural Affairs (Defra) Steve Barclay announced draft legislation to stop products from illegal deforestation from being sold in the United Kingdom (UK).

FAS/Canada forecasts Canada's wood pellet production to decline by six percent in 2023 as a result of closure of pellet mills, reductions in allowable cut, and a high activity wildfire season.

Japan has decided to fully enact the revised Clean Wood Act from April 1, 2025.