The production
volume of the timber industry in
Austria slipped by 5.2 percent
to EUR 7.08 billion (USD 8
billion) last year. The export
rate fell 1.5 percent to EUR
4.78 billion, reaching 68
percent. 74 percent of the
production was exported to the
EU, and Germany and Italy in
particular. The import has
dropped, too, although not as
much as exports.
Given the dramatic developments
in major export destinations,
the decline in Austrian exports
is nevertheless modest. The
timber industry managed to
respond flexibly, with failures
of important export markets
beind replaced by others.