Malaysia's wood products exports to the US are projected to increase steadily from 207.07 million USD in 2024 to 213.1 million USD in 2028. As of 2023, the value of exports stood at 205 million USD. The year-on-year variations are as follows:
- 2024: +0.01%
- 2025: +0.03%
- 2026: +0.04%
- 2027: +0.05%
- 2028: +0.07%
Looking over a five-year period, the Compound Annual Growth Rate (CAGR) is approximately 0.1%.
Future trends to watch for include potential shifts in US trade policies, changes in demand for wood products, and the impact of sustainable forestry practices in Malaysia. Additionally, fluctuations in currency exchange rates and global economic conditions could also influence the export performance of Malaysian wood products to the US.
