In 2025, China's total imports and exports of wood-based panels reached 21.407 million cubic meters (equivalent), marking a year-on-year increase of 6.62%. The total value of imports and exports amounted to US$7.638 billion, representing a year-on-year decrease of 2.84%.

China exported 20.048 million cubic meters (equivalent) of engineered wood products, a year-on-year increase of 12.25%, with export value reaching US$7.104 billion, a year-on-year increase of 2.53%. Imports totaled 1.359 million cubic meters (equivalent), down 36.17% year-on-year—the first decline in six years—with an import value of US$534 million, down 3.92% year-on-year.


Plywood 
In 2025, China's plywood exports reached 13.573 million cubic meters, a 2.9% year-on-year increase, with export value totaling $5.169 billion, a 1.9% year-on-year decrease. Plywood imports amounted to 331,200 cubic meters, a 58.08% year-on-year decrease, with import value reaching $293 million, a 31.98% year-on-year decrease. Imports from Russia accounted for over 80% of total imports. China's plywood export destinations remained largely stable, with the top five being the Philippines, the United Arab Emirates, the United Kingdom, Saudi Arabia, and Nigeria. Taiwan, China, which ranked fifth in 2024, fell to 14th place, replaced in the top five by Nigeria.

Fiberboard 
In 2025, China exported approximately 4.975 million cubic meters (equivalent) of fiberboard products, representing a year-on-year increase of 29.89%. The export value reached US$1.557 billion, up 14.49% year-on-year. Imports of fiberboard products totaled approximately 83,000 cubic meters (equivalent), up 12.16% year-on-year; import value reached $43.82 million, down 6.11% year-on-year. The top five export destinations for fiberboard products remained largely stable, with Vietnam, Saudi Arabia, Mexico, Nigeria, and the United Arab Emirates ranking first through fifth.

Particleboard 
In 2025, particleboard exports exceeded imports for the first time. Annual imports totaled 944,400 cubic meters (equivalent), down 25.16% year-on-year, with import value at $293 million, a 55.4% decrease. Both import volume and value declined. China's top five particleboard import sources remained largely stable: Thailand, Brazil, Poland, Romania, and Germany. China exported 1.50 million cubic meters (equivalent) of particleboard products, a 78.64% increase year-on-year, with export value reaching $378 million, up 26.0% year-on-year.

The top five export destinations were South Korea, Taiwan, Vietnam, Mongolia, and Chile. Compared to 2024, South Korea rose from tenth to first place, likely benefiting from RCEP tariff reductions, deepened Sino-Korean building materials cooperation, South Korea's real estate recovery, and the resurgence of its furniture manufacturing sector.

2026 marks a pivotal year for China's engineered wood panel trade as it transitions from “scale expansion” to “quality and efficiency.” The primary trends will be increased export volume, rising average prices, and structural optimization. Enterprises must prioritize green standards, focus on product upgrades and market diversification, and avoid price wars and trade risks.