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August 2, 2019

New Zealand exports more logs, despite falling log prices

  New Zealand exported more logs and wood in June 2019, despite falling log prices overseas. In June 2019, the value of all goods exports rose $136 million (2.8 percent) from June 2018 to reach $5.0 billion.  Exports of logs and wood led the rise in exports, up $65 million (16 percent) from June 2018 to $472 million in June 2019. These commodities are the third-largest goods export group.  The rise in logs and wood was led by untreated logs, up $55 million (20 percent) on a year earlier. The quantity rose ...

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