US Increases Export of Douglas Fir Plywood to Lithuania
The United States has reported a 20% increase in exports of plywood with at least one outer ply of Douglas fir (Pseudotsuga menziesii) to Lithuania in the third quarter of 2023, driven by growing demand in the Baltic construction sector.
2023-10-15
Impact: This surge strengthens trade ties between the US and Lithuania, potentially leading to long-term supply contracts and increased market share for US exporters.
Lithuania Imposes New Quality Standards on Imported Douglas Fir Plywood
Lithuanian authorities have introduced stricter quality control measures for imported plywood, including Douglas fir products from the US, to ensure compliance with EU environmental and safety standards.
2023-09-05
Impact: US exporters may face higher compliance costs and delays in shipments, potentially affecting trade volumes in the short term.
Trade Agreement Boosts US-Lithuania Douglas Fir Plywood Trade
A bilateral trade agreement between the US and Lithuania has reduced tariffs on specific wood products, including plywood with Douglas fir outer ply, facilitating smoother trade flows.
2023-07-20
Impact: The tariff reduction is expected to increase US exports to Lithuania by lowering costs for Lithuanian importers, fostering greater market access for US producers.
