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Austria’s wood sector is still top of the tree


Wood and wood expertise that is ‘made in Austria’ has always been popular abroad, and Austria’s wood industry achieved an export trade surplus of EUR 4 billion in 2017.

Austria’s wood sector has once again vastly outperformed the long-term average with a foreign trade surplus of EUR 4.08 billion; imported wood products valued at EUR 6.04 billion were dwarfed by exports amounting to EUR 10.12 billion in 2017. By comparison, the total value of imported goods in the wood industry amounted to EUR 5.73 billion in 2016, with exports rising to EUR 9.89 billion.

This is a pleasing development, as wood products are Austria‘ ssecond largest source of foreign currency after tourism. The wood-processing sector’s exports amounted to some EUR 5.03 billion for paper goods (paper, cardboard, viscose, etc), EUR 3.22 billion for wood and wood-related goods (including cut timber), EUR 0.94 billion for chipboard and fibreboard, EUR 0.59 billion for furniture and EUR 0.34 billion for cellulose and wood pulp.

This is yet another powerful sign of life from the wood value chain – wood has always been one of Austria’s top exports, helped in no small part by the great international renown enjoyed by Austrian forestry and the considerable expertise amassed in the many branches of the wood industry. The wood sector has a total export ratio of 70%, with the paper and cellulose industry sending as much as 85% of its output overseas.

With a manufacturing value of EUR 12 billion and some 300,000 jobs created in forestry and timber processing, the wood sector is one of Austria’s leading industrial sectors.