Page 21 - FDMASIA JanFeb 2024
P. 21

FeatUres 19
www.fdmasia.com | FDM AsiA Jan/Feb 2024




Based on the share of major target markets in China’s China to the countries along the BRI and its proportion to
wood forest products export, the US is China’s largest export the total export of China’s wood forest products.
destination of wood forest products, with an annual average In recent years, the trade value of wood forest products
share of 29.81 percent (highest in 2004, 37.94%), but its share exported to the BRI countries and their share in China’s total
is on a downward trend. export of wood forest products have both declined slightly,
Hong Kong is China’s second-largest export destination of but the BRI countries are still China’s important trade partners.

wood forest products; its proportion in China’s total export of Generally speaking, in terms of export value, China’s trade
wood forest products dropped signifcantly from 31.32 percent of wood forest products exported to countries along the BRI
in 1998 to 4.73 percent in 2018. showed an increased tendency, rising from US$201.1 million in
Japan is China’s third largest trading partner for wood forest 1998 to US$12,679.8 million in 2018, with an average annual
products, and the proportion also showed a downward trend, growth rate of 27.18 percent.
falling from 14.66 percent in 1998 to 5.83 percent in 2018. The export trade rose year by year from 1998 to 2014,
In recent years, the share of China’s exports to emerging and the export value in 2014 was the highest, reaching
economies such as Malaysia, India, Thailand, and the Philippines US$14,303.3 million, while the export value decreased slightly
has been rising, and the share of Malaysia in China’s total from 2014 to 2018.

export of wood forest products increased from 0.96 percent The proportion of China’s total export of wood forest
in 1998 to 2.32 percent in 2018. products exported to the BRI countries was on a rising trend,
The share of wood forest products exported to India rose from 8.63 percent in 1998 to 25.35 percent in 2017. The
from 0.54 percent in 1998 to 1.75 percent in 2018. The share proportion accounted for from 1998 to 2014 rose sharply, with
of wood forest products exported to Thailand increased from the highest at 29.68 percent in 2014, and later, there was a
0.61 percent in 1998 to 1.30 percent in 2018. The share slight decrease in share from 2014 to 2018.
exported to the Philippines climbed from 0.47 percent in Among the countries along the BRI, China’s export

1998 to 1.88 percent in 2018. Asia’s emerging economies destinations of wood forest products were relatively concentrated.
gradually became important trading partners in China’s wood Singapore, Malaysia, the UAE) India, Vietnam, Thailand, the
forest products export. Philippines, Iran, the Russian Federation, and Indonesia were
the main export destinations, accounting for more than 65
Importance of Belt and Road percent of China’s total export trade in wood forest products.
In 2013, the initiative was proposed to build the Belt and Road, Among them, wood forest products exported to Singapore
which aims to develop economic cooperation with countries accounted for the highest proportion and showed a clear
along the Belt and Road (referred to as BRI afterward).
We chose 65 countries as samples, including Mongolia and freepik

ten ASEAN countries, eighteen West Asian countries such as
Iran and Iraq, eight South Asian countries such as India and
Pakistan, fve Central Asian countries such as Kazakhstan,
seven countries of the Commonwealth of Independent States
such as Russia and Ukraine, and sixteen countries of Central
and Eastern Europe such as Poland and Lithuania.
The trade value of wood forest products exported from
   16   17   18   19   20   21   22   23   24   25   26