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India: COVID-19 Impact on Indian Forest Products Sector
- 英文名称:
- India: COVID-19 Impact on Indian Forest Products Sector
- 工作单位:
- Office of Agricultural Affairs, New Delhi
- 关键词:
- Horticulture and Forestry; COVID-19; Exporting; Horticulture and Forestry; South and Central Asia; India;
- 年份:
- 2020
- 出版地:
- Washington, DC, USA
- 语种:
- English
- 摘要:
- The Indian forest products industry has been hit hard by COVID-19 and the resulting nationwide lockdown as demand from the construction, real estate, hospitality, and tourism sectors is at a virtual standstill. The slowdown in new housing construction has especially reduced overall demand for domestic and imported wood products. India’s imports of forest products during January-July 2020 declined by 39 percent to $804 million, compared to the same period last year. Similarly, U.S. exports of forest products to India declined by 40 percent to $21.5 million during the same period.
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