Business Trends Abroad

Vietnam – As the European Union’s Deforestation Regulation (EUDR) is set to take effect on December 31, 2024, Vietnamese businesses have been advised to act promptly to ensure compliance with this new rule, which is crucial for maintaining export activities to the European Union (EU), a major market for Vietnam, according to the Vietnam News […]

Indonesia – In anticipation of the EU Deforestation Regulation (EUDR), officials are releasing comprehensive forest cover data, according to Minister Siti Nurbaya Bakar. The data was generated by the National Forest Monitoring System, also known as the “Simontana”. “From now on — until the end of this year — it is important to correct the […]

Europe – As reported by Fordaq, the European Confederation of Woodworking Industries (CEI- Bois) and the European Organization of the Sawmill Industry (EOS) welcome the outcome of the trialogue discussions between the European Parliament and Council on the Carbon Removals Certification Framework. In particular CEI-Bois and EOS welcome the wording which recognizes and endorses wood’s […]

Europe – In October 2023, compared with last September, which is the most recent data available at presstime, seasonally adjusted production in the construction sector decreased by nine-tenths of a percent in the Euro Area (EA) and by six-tenths of a percent in the European Union (EU), according to first estimates from Eurostat. Last September, […]

Europe – In October 2023, compared with last September, which is the most recent data available at presstime, seasonally adjusted production in the construction sector decreased by nine-tenths of a percent in the Euro Area (EA) and by six-tenths of a percent in the European Union (EU), according to first estimates from Eurostat. Last September, […]

Lumber sources throughout the Southeast region are a mixed bag, with comments ranging from the market has improved to sales have slowed down. In Tennessee a sawmill representative said that his market has improved, at the time of this writing. “We are doing better than we were six months ago. I think this is due […]

Peru, The Services and Extractive Industries section of ADEX revealed that wood product exports for the initial five months of this year totaled $46.3 million, marking a significant 30 percent decline from the $66.4 million recorded during the same period in 2022. Among these exports, France and China stood out as the major markets, accounting […]

This year’s fire season came early with uncontrolled fires in every province across the country caused by unseasonably warm temperatures and little rain, making it difficult to battle wildfires. Environment Canada issued alerts of high air pollution in many areas downwind from the flames throughout the country. This fire season has already broken records for […]