SnapSTAT - Free trade opportunity for wood?

Friday 25 Aug 2023

With our log export trade heavily dependent on a flagging trading partner, China, and an industry transformation plan going into action, one question is whether other markets may take more of our wood exports, in any form.

So perhaps its timely that on 9 July 2023 New Zealand and the European Union signed a free trade agreement in Brussels. Today’s chart shows our current trade in wood with the EU is tiny, so either plenty of potential (for the optimists among us) or no chance, if you’re not.

Further information, click here.

Source: MFAT

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