The value of American hardwood flooring exports in China increased 22% year-over-year to $1.96 million in 2020, ITTO reports.
The value of American hardwood flooring exports in China increased 22% year-over-year to $1.96 million in 2020, ITTO reports.
ITTO credited some of the increase to China’s growing consumption of U.S. hardwood products overall, which rose from 2% to 14% in 2020.
In 2020, the Chinese market received 87% of American cherry exports, 66% of red oak exports, 59% of ash exports, 53% of walnut exports and 44% of red birch exports.
The total value of American hardwood exports to China reached $1.15 billion in 2020, a 1.6% increase compared with 2019.