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In 2012, Canadian exports to the Philippines were (CAD) $527.9 million, while exports to Canada from the Philippines were valued at $991.2 million. [2] From 2013–19, the Canada–Philippines waste dispute was a point of trade contention between the two nations.
In the last six months average lumber prices have ranged from $475 to $625 per thousand board feet, about one-third the peak in 2021. Trump has threatened to add 25% tariffs on goods from Mexico ...
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund .
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
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Canada has the biggest trade surplus in relation to forest products ($21.7 billion in 2015). [6] As the largest market, the U.S. is heavily dependent on Canada's lumber. The needs of the US outweigh the domestic supply. Canada has also been expanding rapidly into the Asian market, with China being the second-largest importer.
Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
The softwood lumber deal ensured no quotas or tariffs at current lumber prices, repayment of at least $4 billion in unfairly collected duties to lumber companies, and provincial and regional flexibility depending on operating conditions. "Canada’s bargaining position was strong; our conditions were clear; and this agreement delivers", said ...