Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.



16-31 October 2016

Top story

Timber Innovation Act to advance tall wood building construction in the US

A Bill, the Timber Innovation Act, has been introduced to the US Congress by senators and representatives from Washington State.
The Timber Innovation Act would establish a new research and development programme advancing tall wood building construction in the US.
For more see:

Also in this issue

  • Ghana exporters “Only Asian markets have grown in first 7 months
  • Sarawak timber legality scheme explained to Japanese buyers
  • Indian furniture makers move online to match competition          
  • New approach to developing Peru’s National Forestry Plan           
  • Bank of Japan has watchful eye on credit growth
  • Rapid development of China’s custom-made furniture business
  • Asian wooden furniture manufacturers losing share in European market
  • Indonesia, Thailand, Vietnam and Cambodia see improved sales of flooring to US

Data snapshot

Worldwide port container traffic an indicator of global trade trends

Data source:  World Bank

Ocean transport is a vital engine of global economic growth. It is important for economic development, creating direct and indirect employment, supporting  business growth and stimulating foreign investment and international trade.
The World Bank tracks container traffic movements through worldwide ports and this provides yet another useful indicator of global trade trends.

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