In 2025, China's total import and export volume of wood-based panels was 21.407 million cubic meters, converted volume, up 6.62% year on year, while total import and export value reached USD 7.638 billion, down 2.84% year on year.

China exported a total of 20.048 million cubic meters of wood-based panel products, converted volume, up 12.25% year on year, with export value of USD 7.104 billion, up 2.53% year on year. It imported a total of 1.359 million cubic meters of wood-based panel products, converted volume, down 36.17% year on year, marking the first decline in nearly six years, with import value of USD 534 million, down 3.92% year on year.

In 2025, China's plywood product exports reached 13.573 million cubic meters, up 2.9% year on year, with export value of USD 5.169 billion, down 1.9% year on year. Imports of plywood products reached 331,200 cubic meters, down 58.08% year on year, with import value of USD 293 million, down 31.98% year on year. Among them, plywood imported from Russia accounted for more than 80% of total imports. China's export destinations for plywood products remained basically stable. The top five were the Philippines, the United Arab Emirates, the United Kingdom, Saudi Arabia, and Nigeria. Chinese Taiwan, which ranked in the top five in 2024, ranked 14th, with Nigeria taking its place among the top five.

In 2025, China exported about 4.975 million cubic meters of fiberboard products, converted volume, up 29.89% year on year, with export value of USD 1.557 billion, up 14.49% year on year. Imports of fiberboard products were about 83,000 cubic meters, converted volume, up 12.16% year on year, with import value of USD 43.82 million, down 6.11% year on year. The top five export destinations for fiberboard products remained basically stable, namely Vietnam, Saudi Arabia, Mexico, Nigeria, and the United Arab Emirates.

In 2025, particleboard exports exceeded imports for the first time. For the full year, China imported 944,400 cubic meters of particleboard products, converted volume, down 25.16% year on year, with import value of USD 293 million, down 55.4% year on year. Both import volume and import value declined. The top five countries from which China imported particleboard remained basically stable: Thailand, Brazil, Poland, Romania, and Germany. China exported 1.500 million cubic meters of particleboard products, converted volume, up 78.64% from the previous year, with export value of USD 378 million, up 26.0% year on year. The top five export destinations were South Korea, Chinese Taiwan, Vietnam, Mongolia, and Chile. Compared with 2024, South Korea rose from tenth to first, possibly benefiting from RCEP tariff reductions, deepened China-South Korea building materials cooperation, a recovery in South Korea's real estate market, and revival of its furniture manufacturing industry.

The year 2026 will be a key year for China's wood-based panel trade to transform from scale expansion to quality and efficiency. The main theme will be increasing export volume, recovering average prices, and optimizing structure. Enterprises need to use green standards as the starting point, focus on product upgrading and market diversification, and avoid price wars and trade risks.

Source: General Administration of Customs