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US paper trade surplus stretches out to $1.1 billion in 1Q
2010-06-09
For total pulp and paper trade, the US showed a first quarter trade surplus of 5.237 million tonnes and nearly $1.12 billion, continuing the positive trade balance trend that developed last year for American producers.
US total paper/paperboard exports exceeded imports by 3.852 million tonnes and $142.2 million, with a paperboard trade balance of 1.478 million tonnes and $860 million offset by a printing/writing paper deficit of 783,250 tonnes and $509.6 million.
US global kraft linerboard exports rose 56% to 1.038 million tonnes, with a value of $475 million, up 43% from last year. Kraftliner volumes and values to western Europe more than doubled to 250,000 tonnes and $107 million. Exports to South America surged 65% to 107,000 tonnes, and to the Middle East and to China almost quadrupled to 75,000 tonnes and 72,000 tonnes, respectively.
US wood pulp exports in the quarter rose 15% to 1.635 million tonnes, with value up 26% to $1.079 billion, with a 14% increase to western Europe to 500,000 tonnes, a 46% rise to China to 390,000 tonnes, and a 59% increase to Latin America to 94,000 tonnes, likely reflecting the shortage of Chilean pine pulp after the earthquake.
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