The U.K. and the U.A.E. have emerged as the world’s top exporters of building materials last year, according to data released on Monday by a consultancy that tracks global trade.
The global trade data showed the U:a:b:c market grew 13% to $7.4 billion in the 12 months to the end of June.
U.s. lumber and wood are among the biggest exporters, while Japan’s saw a modest 10% increase to $3.1 billion.
The U.k. exported more than 2.7 million tons of lumber last year to its European and Asian rivals, while Japanese saw a 4% decline to 2.2 million tons, the consultancy, Wintrust Economics, said.
A further 880,000 tons of building material was shipped from the U., the consultancy said.
The figures showed that the U.:a: b:c industry expanded by 5.6% in the quarter ending June, according the consultancy.
That’s the second-highest quarterly increase in the last decade.
The global supply of building products, excluding materials, was about 5.2% higher in the first quarter of the year than the previous quarter, according data from the London-based think tank, Wood Mackenzie.
The data will be important for the Trump administration to gauge the success of its pledge to boost U. s exports to Europe and Asia, as it attempts to push through a trade deal with the U, the White House said last month.
The administration also has been pushing for a deal with China to curb tariffs on steel and other goods and services, which could create a new U.:a::b: c trade surplus.