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American Hardwood Supplement 2019

Published in collaboration with the American Hardwood Export Council, this publication brings to light the latest updates and activities of US hardwood suppliers within the South East Asia region.

Published in collaboration with the American Hardwood Export Council, this publication brings to light the latest updates and activities of US hardwood suppliers within the South East Asia region.

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AMERICAN HARDWOOD Southeast Asia <strong>Supplement</strong> <strong>2019</strong><br />

Uncertainties in world trade prospects for <strong>2019</strong> cannot be<br />

denied even when the politicians have moved from their<br />

2018 positions – on trade wars, Brexit and FDIs – but here are<br />

some real certainties to consider. Asia will remain a dynamic<br />

region, especially with the aid of the Comprehensive and<br />

Progressive Trans-Pacific Partnership (CPTPP) being enlarged<br />

now with over 500 million consumers with a combined GDP of<br />

$13.5 trillion, accounting for 13 per cent of global GDP.<br />

Vietnam, with the expected continuation of its annual growth<br />

around 7 per cent, will focus heavily on wood and wood products<br />

as a key industry. The United States will continue to grow more<br />

hardwoods than are harvested or lost by mortality, a true measure<br />

of sustainability. There is data online to demonstrate the fact State<br />

by State and species by species:<br />

See www.americanhardwood.org/en/environmental-profile/<br />

interactive-forest-map<br />

Michael Buckley,<br />

Consultant Editor<br />

Front cover: <strong>American</strong> oak door manufactured<br />

by AA Corporation in Vietnam<br />

Photo credit: Turnstone Singapore<br />

Some markets may shift and new ones emerge, but one thing is<br />

certain – consumers like and trust <strong>American</strong> hardwoods for their<br />

homes, offices and the hotels and hospitality places to which<br />

they travel. Consumers in China will continue to need <strong>American</strong><br />

hardwoods. Popularity of species comes and goes as fashion<br />

changes, so this supplement highlights red oak and cherry among<br />

the twenty six commercial species that <strong>American</strong> exporters offer<br />

to the world. They are widely available from members of the<br />

<strong>American</strong> <strong>Hardwood</strong> Export Council listed at the end of this annual<br />

supplement – also available online at www.ahec.org/all-members<br />

Visitors to the website can sort AHEC company members by<br />

species, product, and location to find, for example, companies that<br />

can provide Appalachian or southern red oak or northern cherry.<br />

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