International Competition Situation of China's Wooden Products from the Perspective of the New Pattern of Dual Circulation

The wooden product manufacturing industry is an important component of China's forestry industry, and wooden products are important export products among China's wood forest products. Based on data such as the China Forestry and Grassland Statistical Yearbook and the UN Comtrade database, we analyze the international competition situation of China's wooden products with indicators such as dependence on foreign trade, international market share, index of revealed comparative advantage, export market concentration, export prices and price elasticity. The results show that China's wooden products basically meet the requirements of the dual circulation strategy of "taking the domestic circulation as the main body", but the export dependence of production is still high, and there are great difficulties and risks in participating in the international circulation of China's wooden products. The international market share is at a high level, with some categories having too high international market share, the growth space is limited and the export-oriented strategy is no longer sustainable. Unlike the traditional belief that wooden products are labor-intensive and that developing countries have comparative advantages, China's main competitors for wooden products are developed countries in Europe and America, and China will face challenges from developing countries with rapid industrialization in the future. Lack of price elasticity or excessively high international market share has led to the export strategy of expanding quantity at low prices unsustainable. Therefore, China's wooden products should change the original export-oriented strategy and pay more attention to domestic market development, adjusting the structure of exported wooden products and promoting the transformation and upgrading towards high export added value, strengthen the advantages of industrialization, reduce dependence on low labor costs, and ensure the supply of wooden raw materials, implement diversified export strategies and increase investment in developing countries with abundant forest resources and weak industrial foundations.