Faster-growing Trees, Value-added Products
Value-added wood exports have a bright future. The value of further-processed wood exports from producer countries of the International Tropical Timber Organization (ITTO) totalled just under US$ 4.2 billion in 1996–1997, the highest points recorded in COMTRADE statistics so far. The following year (1998) saw a 17% drop to US$ 3.5 billion. Despite the lack of comprehensive data for 1999, it is believed that exports stabilized in most countries. Some reported vigorous export growth during 1999-2000.