Industry newsletter Random Lengths said Canadian overseas exports fell to 1.25 billion board ft, down 13.6% on Q3 in 2013, and 17% down on Q2 this year.
US exports offshore fell by 20% in Q3 compared with a year ago. Weaker demand in China was the main reason.
Canada’s exports to China were down 11% on Q2 and Q3 in 2013. US shipments to China plunged by 40% on Q3 last year and 19% on Q2 this year.
North American volumes to Japan have also slowed. In September Canada’s volumes were down 20% on the year while US exports fell by 25%.
However, the North American market has strengthened. In Q3 Canadian exports to the US rose 14% on the year, and in September volumes were up 11% from 2013.
