The Department reported that after seeing a decline in April, the total imports of different types of paper began to rise in May, jumping 13.3% to 176,600 tons with value increasing 13.7% to US$150.6 million. This brings the total export volume in five months to 812,000 tons valuing US$676.7 million, up 12.44% and 17.28%, respectively against the same period last year.
Most of the imported paper was from China, accounting for 22% of the total imports with 173,200 tons worth US$129.5 million. Taiwan came second with 119,800 tons (US$67.5 million) and Indonesia with 115,400 tons (US$81.44 million).
The country also bought paper from the Republic of Korea, Thailand, Japan, Malaysia and Singapore.