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May 28 2018

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Page 45 of 103 JOC Top Importers and Exporters 46 The Journal of Commerce | May 28 2018 The American Forest & Paper Association said the industry struggled with two major threats over the last six years: technology and politics. IT HAS BEEN a turbulent decade for the paper and forest products industry, but conditions rebounded in 2017 as the political winds shifted in the White House. Revenue for the top public- ly traded companies declined in 2014, 2015, and 2016 before finally recovering last year. The trend was consistent with export numbers, which fell 13.7 percent during the same three-year period and then improved 8 percent last year to 585,792 TEU, according to data from PIERS, a sister brand of The Journal of Commerce within IHS Markit. The compound annual growth rate was negative 1.4 percent over a five-year period, so work remains for the paper and forest products industry to return to 2013 levels. EXPORTS Soothing paper cuts Forest product and paper industry exports rebound on eased environmental regulations By Ari Ashe

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