Economy

Wood mission scheduled for China in March

The Wisconsin Department of Agriculture, Trade and Consumer Protection will lead a trade mission with Wisconsin forestry businesses to northern China from March 20-30, 2018. The mission will include one-on-one matchmaking meetings with potential buyers and trade partners in Beijing, Tianjin, Qingdao, and will end at Asia’s most comprehensive woodworking and machinery trade show Interzum Guangzhou. In addition, participants will have the opportunity to visit wood product manufacturing locations.

This mission will enable participating Wisconsin forestry businesses to forge relationships with potential Chinese buyers and trading partners, gain market intelligence and first-hand knowledge of the Chinese wood import business practices and environment.

Chinese wood products market is the largest in the world for U.S. wood and wood products. Since 2005, China has become the world’s largest exporter of furniture. In recent years, domestic demand for these wood products have grown and more have stayed in China instead of being exported. According to the American Hardwood Export Council, one in five hardwood lumber boards produced in the U.S. is exported to China. The economic outlook for China remains positive with an expected annual growth in 2018.

Wisconsin forestry product businesses interested in building and expanding trade in China are invited to attend. For more, information please see the trade mission flyer.

By DNR Forest Products Specialist Scott Lyon, Scott.Lyon@Wisconsin.gov, 920-662-5184