​Media Release

Australia’s forestry industry breaks new records

24 May 2018

Australia's renewable forestry sector has reached new highs, with a record log harvest up 10 per cent in 2016–17 to over 33 million cubic metres and record wood product exports, up 11 per cent.

​Assistant Minister for Agriculture and Water Resources, Anne Ruston, welcomed the latest ABARES forestry statistics, with the annual sales and service income of forest product manufacturing industries worth $23.7 billion in 2015–16.

"More and more, we are seeing our forest products industries boosting the well-being of our regional towns and communities," Minister Ruston said.

"These statistics reflect confidence in the industry and confidence from our key export markets."

Minister Ruston said this year saw a record hardwood and softwood commercial plantation harvest of 28.8 million cubic metres.

"Australia and the world for that matter, want top-quality, renewable timber and wood products and that's what our forest industries are supplying," Minister Ruston said.

"Australia's total renewable wood and timber product exports have passed $3.5 billion for the first time, up 11 per cent.

"Government and industry are working hand-in-glove to ensure a successful and viable future for the forestry industry, regional communities and the more than 70,000 jobs that rely on it."

For a copy of the ABARES report Australian forest and wood products statistics: September and December quarters 2017 visit agriculture.gov.au/abares/publications.

Fast facts:

  • The direct value of the forestry industry to Australia's GDP was $8.6 billion in 2015–16.
  • The Turnbull Government is providing $20 million to support the implementation of the National Forestry Industry Plan and drive growth in the renewable timber and wood fibre industries.​