India re-emerges as key market for New Zealand timber exporters
New Zealand’s forestry sector is optimistic about India regaining its position among the country’s top five timber export destinations, as demand for logs begins to pick up and trade resumes under new fumigation protocols. In 2019, India was a major destination for New Zealand timber, importing 1.7 million cubic metres of logs worth NZ$243 million. This placed it ahead of South Korea (NZ$145 million) and firmly in the top five export markets, although still well behind China, which remains New Zealand’s largest buyer with about 19 million cubic metres annually. Trade with ...
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