China's plywood exports increased considerably in the 1Q 2010. A total of 1.4 million cubic metres valued at $649 million of plywood was exported, an increase of 46% in volume and 40% in value over the same period in 2009, ITTO reported.

Plywood exports to the US were 252,600 cubic metres, up 13%. China’s exports to the US accounted for 18% of total plywood exports. Exports to United Arab Emirates, UK, Japan and Korea also rose 110%, 85%, 68% and 83% respectively.

Other wood product exports were 436,800 tonnes of fibreboard ($247 million, up 79%), 97,500 tonnes of mouldings ($148 million, up 20%), 114,800 cubic metres of sawnwood ($72 million, down 15%) and 20,900 tonnes of veneer ($43 million, up 13%).

The total value of wooden furniture exported was $3,119 million, up 36% from the first quarter period of last year.