Sawn Timber Exports Struggle

The four months to June 2011 show a 15% drop in sales. That contraction is very sudden and historically, very large. NZ Exports of Sawn Timber 4mths4mths% Jun-10Jun-11Change Australia68.457.6-15.79 United States62.546.1-26.24 Japan 14.910.5-29.53 China/Hong Kong53.341.8-21.58 Taiwan 10.014.1+41 Thailand9.610.7+11.46 Indonesia10.610.4-1.89 Philippines4.35.2+20.93 Read more…