U.S. Sawmill Industry Has High Trade Activity

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The value of imported products within the U.S. sawmill and woodworking machinery manufacturing industry has been relatively high, at approximately 90% of U.S. production, according to a new report by Research and Markets, Dublin, Ireland. Because of this reliance on imports, the report covers the foreign trade statistics including the top 25 countries the U.S. imports from and their respective import values. This industry, the reports notes, exhibits a high amount of trade activity, because in 2008, the value of exported products within this industry into the U.S. has also been relatively high, at approximately 30% of U.S. production. This reliance on exports is also covered in the report's foreign trade statistics.

As detailed in the report, titled "Sawmill and Woodworking Machinery Manufacturing Industry in the U.S. and its International Trade (Q4 2009 Edition)," the industry's revenue for the year 2008 was approximately $0.9 billion, with an estimated gross profit of 27.64%. Import was valued at $0.9 billion from 42 countries. The industry also exported $298.1 million worth of merchandise to 130 countries. Adding import value to and subtracting export value from the industry's shipment value, the total domestic demand for the industry in 2008 was $1.5 billion.

More information about this report is available on the Research and Markets web site.