By Don Molino, Voice of Louisiana Agriculture Radio Network
During his daily report on the Voice of Louisiana Agriculture Radio Network Louisiana Commissioner of Agriculture and Forestry Dr. Mike Strain, quoting a report from USDA’s Foreign Agricultural Service, said China is becoming a huge market for US wood and wood products.
“South China imports have climbed to a new record of nearly $700-million in 2016, up 11% from 2015,” said Strain.
China is the largest market in the world for US wood and wood products, with nearly 30% of the total exports ending up in South China. “Two-thirds of those imports, by value, consist of lumber or other processed wood,” says Strain.
Louisiana has over 14-million acres of timber production with direct sales of Louisiana timber reaching over one billion dollars. Overall, the Louisiana timber industry is a two billion dollar a year industry.
“Each year, the timber wood industry in Louisiana pays $750-million in federal, state and local taxes,” Strain pointed out.