U.S. imports of Russian-sourced plywood grew 44% in the first quarter of 2022 compared with the first quarter of 2021, according to an analysis by the Decorative Hardwoods Association.
Imports grew despite Russia’s invasion of Ukraine in February, which spurred a flurry of tariffs on Russian goods.
U.S. imports of Russian-sourced plywood grew 44% in the first quarter of 2022 compared with the first quarter of 2021, according to an analysis by the Decorative Hardwoods Association.
Imports grew despite Russia’s invasion of Ukraine in February, which spurred a flurry of tariffs on Russian goods.
“In April, imports directly from Russia appeared to have slowed a bit after the U.S. imposed tariffs, but imports of birch plywood from Vietnam grew by 206% to 427 million square feet,” DHA reported. “Russia is a likely source for a substantial amount of the imports of birch plywood from Vietnam.”
Russian plywood is a key material for many U.S.-based engineered wood flooring manufacturers.