Australia trade with China liftsFriday 18 Nov 2011 China is fast becoming a major trading partner of Australia in forest products. It accounted for 22 per cent of the value of Australia’s forest product exports in 2010–11 ($544.4 million) compared with 11 per cent in 2006–07 ($270 million). In value terms, 15 per cent of Australian imports of forest products ($676 million) in 2010–11 were sourced from China, up from 12 per cent in 2006–07 ($509 million).Wastepaper and woodchips were the major forest product exports from Australia to China in 2010–11. The volume of roundwood and woodchip exports has increased significantly over the past 5 years and particularly since 2009–10. In 2010–11, Australia exported over 1.3 million cubic metres of roundwood and almost 1 million bone dry metric tonnes of woodchips to China. The total value of primary forest products exports to China in 2010–11 was $544 million, of which roundwood accounted for 29 per cent, waste paper for 26 per cent and woodchips for 22 per cent. Paper and paperboard and wood-based panels are the major forest wood products imported from China. Over the past five years, the quantity of paper and paperboard imports sourced from that country was, on average, around 165 000 tonnes per year. The total value of imports of primary forest products from China in 2010–11 was $676 million of which paper and paperboard accounted for 40 per cent and miscellaneous forest products (doors, mouldings and assorted items such as packing cases, picture frames and wood charcoal) accounted for 27 per cent. In addition, China is the major supplier of secondary wood products (such as wooden furniture, prefabricated buildings and printed articles) accounting for $1 billion (43 per cent) of the $2.4 billion worth of all secondary wood product imported into Australia in 2010–11. Source: DAFF/ABARES
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