{"id":75330,"date":"2018-03-07T14:43:17","date_gmt":"2018-03-07T14:43:17","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/eu-timber-trade-balance-might-significantly-affected-brexit\/"},"modified":"2025-09-19T08:47:41","modified_gmt":"2025-09-19T08:47:41","slug":"eu-timber-trade-balance-might-significantly-affected-brexit","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/eu-timber-trade-balance-might-significantly-affected-brexit\/","title":{"rendered":"The EU timber trade balance might be significantly affected by Brexit"},"content":{"rendered":"

Looking to the future, the EU trade data highlights the extent to which Brexit will impact on the EU trade balance.<\/em><\/p>\n

The UK is consistently the largest EU importer of timber products from outside the bloc, due partly to the country\u2019s limited domestic forest resources, partly to the UK\u2019s coastal position and traditional trade links with many countries in other parts of the world, and partly to the UK\u2019s relatively concentrated timber distribution and retailing sectors which has been more accessible to external suppliers, particularly in China and Asia.<\/p>\n

\"\"<\/a>The UK\u2019s share of total EU imports of timber products from outside the bloc increased sharply from 19% in 2011 to 28% in 2015. The UK\u2019s share of total EU timber product imports declined slightly in 2016 and 2017, but only to a little under 27%.<\/p>\n

During this time the UK was recovering from the financial crises, driving a strong increase in imports from outside the EU, particularly wood furniture and plywood from China, and wood furniture from Vietnam.<\/p>\n

There was also a big increase in UK imports of wood pellets during this period, mainly from the U.S., driven by the UK\u2019s climate change commitments which encouraged some large energy suppliers to switch from coal to biomass.<\/p>\n

Without the UK, in terms of global trade, the EU becomes more relevant as an exporter, and less relevant as an importer of timber products. This is because the UK is not only a large importer of timber products from outside the EU, but also a large importer from other EU countries, and only a small exporter to all parts of the world.<\/p>\n

In 2017, the value of the timber trade surplus of the EU excluding the UK was Euro 12.69 billion, more than three times the Euro 3.62 billion surplus with the UK included.<\/p>\n

Last year the EU27 (i.e. excluding the UK) imported Euro 13.91 billion (compared to Euro 18.17 billion for the EU28) and exported Euro 26.60 billion (compared to 21.79 Euro for the EU28).<\/p>","protected":false},"excerpt":{"rendered":"

Looking to the future, the EU trade data highlights the extent to which Brexit will impact on the EU trade balance. The UK is consistently the largest EU importer of timber products from outside the bloc, due partly to the … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4715],"tags":[3604,3264,3415],"class_list":["post-75330","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-brexit","tag-timber","tag-uk","topic-forestry","topic-sawmilling","area-europe"],"acf":[],"yoast_head":"\nThe EU timber trade balance might be significantly affected by Brexit<\/title>\n<meta name=\"description\" content=\"Looking to the future, the EU trade data highlights the extent to which Brexit will impact on the EU trade balance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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