Global Trade Of Woodchips Increased 6% In 2007, Reaching New Records - Pulpmills in both Europe and the Pacific Rim are increasingly sourcing their mills with wood from fast-growing plantations. This has resulted in a major expansion of worldwide trade of both wood chips and pulplogs the past few years, according to the Wood Resource Quarterly. Global trade of wood chips has more than doubled in 20 years, reaching 31 million tons in 2007. Just since 2003, total trade has increased by almost 30%. This development is the result of a tighter wood supply in close proximity to many pulpmills in the Northern Hemisphere, higher costs for locally sourced wood fiber and relatively lower-cost alternatives in new supply regions.