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Paper Recycling August 09, 2018 12:30:27 PM

U.S. Paper and Paperboard Scrap Imports Declined 14%

Paul Ploumis
ScrapMonster Author
The top trade partner of the country was China, in spite of controls imposed by that country on imports of scrap.
U.S. Paper and Paperboard Scrap Imports Declined 14%

SEATTLE (Scrap Monster): There has been a significant decline in import volumes of paper and paperboard scrap by the U.S. during the first six months of the current year. Also, the exports too have declined during this period.

The latest trade statistics published by the U.S. Census Bureau suggests that the country imported almost 14% lesser volume of paper and paperboard scrap during Jan-June ’18. The imports dropped sharply from $78.41 million a year before to $67.53 million. Incidentally, the country had imported $152.32 million worth of paper and paperboard scrap during the entire year 2017.

The bulk of the supplies were from neighboring Canada. The imports from Canada totaled $64.4 million, thereby accounting for almost 95% of the total U.S. imports. However, the imports from that country declined significantly by 12.47% when compared with the previous month. The second largest supplier was Mexico with supplies totaling $2.83 million. In third place was China with $215,400. The other main sources of import were Germany ($22,788) and Spain ($9,739).

ALSO READ: New Report Analyzes Market Impacts of Chinese Scrap Import Restrictions

The U.S. exports of paper and paperboard scrap declined by 4.17% through June this year to total $1.55 billion. This is upon comparison with the similar period last year, which reported total exports of $1.61 billion.

The top trade partner of the country was China, in spite of controls imposed by that country on imports of scrap. The exports to China totaled $638.56 million, making up almost 41% of the total exports by the U.S. during this period. The other key export markets were India ($281.27 million) and Mexico ($179.81 million). The combined imports by the above three countries accounted for more than 71% of the total U.S. paper and paperboard scrap exports through June 2018.

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