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Business trends

Japan's wood exports booming in Asia

New Chinese building rules should open the door to further demand

The Japan Wood Products Export Association built model houses in a Japanese style in Dongguan in China's Guangdong Province. (Courtesy of The Japan Wood Products Export Association)

TOKYO -- Japan's wood exports have been booming on the back of robust demand from Asian countries such as China, the Philippines and South Korea. In 2017 exports reached 32.6 billion yen ($293 million), up 37% from the previous year and the highest in 40 years.

The Japanese forestry industry sees growing Asian markets as having much more untapped potential.

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