Peru: Timber exports down in first quarter of this year

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In the first quarter 2017 wood product exports amounted to US$28.37 million (FOB value). This was in contrast to the US$29.85 million in the first quarter of 2016 and represents an almost 5% decline in earnings in 2017 Of the US$28.37 million export earnings, the Chinese market continued to be the main destination for exports and in the first quarter 2017 there was an almost 14% growth in demand from this marke. China accounted for around 53% of all wood product exports from Peru in the first quarter of 2017.

The United States market was ranked second (11% of exports in the first quarter but, year on year, first quarter 2017 exports were down 34%.

Mexico is Peru’s third main export market for wood product and in the first quarter of 2017 accounted for 10% of all wood product exports. Year on year exports to Mexico fell slightly in the first quarter of 2017.

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