New Zealand's latest quarter fell in timber exports

The New Zealand Minister of Agriculture and Forestry said that due to the current oversupply of logs and exchange rate pressures in China and the continued weakness in the United States and New Zealand’s real estate market, the sawn timber industry in New Zealand has also been severely affected. New Zealand’s forestry export profits have declined in the recent period. . Sawn timber exports amounted to 1.9 million cubic meters, and exports fell to 751 million US dollars.