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January 1999
Fiscal 1999
Outlook for U.S. Forest Products Trade:
U.S. Solid Wood Exports to Decline Slightly; Imports May Increase
Further
U.S. solid wood exports in fiscal year (FY)1999 are forecast to decline by three percent, falling from $6.0 billion in FY 1998 to $5.8 billion in FY 1999. While exports of most products are forecast to drop slightly, these declines are far less significant than the 20 percent reduction in overall export sales experienced in FY 1998. Last years sharp decline was due primarily to the sharp drop in Japanese wood products consumption and imports.
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For more information, contact the author, Roseanne Freese, at (202)720-0770.
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