Renewable forestry exports hit record highs
AUSTRALIA’S renewable forestry sector has reached new highs, with a record log harvest up 10 per cent in
2016–17 to more than
33 million cubic metres, and a record $3.5 billion in renewable wood product exports, up 11 per cent.
Assistant Minister for Agriculture and Water Resources, Anne Ruston, welcomed the latest ABARES forestry statistics for the second half of 2017.
The data reflects an increase from 2015-16 annual sales and service income of forest product manufacturing industries worth $23.7 billion.
“More and more, we are seeing our forest products industries boosting the well-being of our regional towns and communities,” Minister Ruston said.
“These statistics reflect confidence in the industry and confidence from our key export markets.”