China is focus of Chilean wood products exports

According to statistics from China’s national customs agency, Chile exported 830,300 tons of pulp and paper to China during the first three quarters of 2007 valued at USD554 million. The statistics show the value of Chilean wood products to China rose to USD600 million, but Chile’s exports to the US fell to USD613 million in the first three quarters of 2007. It had been reported that 18.3% of Chile’s wood products were exported to the US and 15.8% to China. Chile’s wood products exports to China rose 30% in the first nine months of 2007. Local experts note that China would exceed the US’s import of Chilean wood products if the current rate of growth continues.