• The continued strength of the U.S. housing market in 2003 drove increases in imports of wood panels, moldings, millwork, and joinery, and higher prices for wood pulp.

• Canada remained the largest sector trading partner in 2003. It has significant forest resources, a well-developed forest products industry, and is proximate to U.S. markets.

• Oversupply in the U.S. lumber market continued to reflect strong domestic production, weak offshore export markets, and increased imports.

• U.S. trade deficit: Increased by $980 million (7 percent) to $15.2 billion
• U.S. exports: Increased by $740 million (3 percent) to $23.6 billion

• U.S. imports: Increased by $1.7 billion (5 percent) to $38.8 billion

USITC PUBLICATIONS

Industry and Trade Summary

Wood Pulp and Waste Paper

OTHER GOVERNMENT RESOURCES

U.S. Department of Commerice, International Trade Administration

Forest Products and Building Materials Division