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Myanmar Timber Trade Shifts Toward China Amid Western Spending Decline

Myanmar’s timber trade has increasingly shifted toward China as Western buyers cut spending, according to Wood Central, citing Forest Trends and the International Tropical Timber Organization. Western spending on Myanmar wood fell from US$78.4 million before the 2021 coup to US$1.2 million last year, the report says. The supplied account says trade with China is believed to move mainly through informal cross-border routes. It describes Chinese and Western buyers as having spent similar amounts on Myanmar wood in 2019, at about US$78 million each.…

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Forestry news · Illustrative industry photograph; not a photograph of this news event.
Illustrative industry photograph; not a photograph of this news event.

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