Value of Indonesian wood products exports to EU more than doubles in Q1 to US$416M from US$194M a year earlier, official attributes increase to timber legality assurance system that complies with requirements of EU timber regulation
Wendy Lisney
YOKOHAMA, Japan
,
July 4, 2013
(International Tropical Timber Organization (ITTO))
–
Report from Indonesia
With or without the Voluntary Partnership Agreement (VPA) on timber with the European Union (EU), Indonesia’s timber exports have increased significantly because the country has an effective timber legality assurance system which EU importers find satisfies their need to meet the due diligence requirements of the EUTR.
Colin Crooks, deputy head of the EU delegation to Indonesia, said the volume of Indonesian timber entering Europe in the first quarter of this year had more than doubled compared to last year.
Indonesia’s Ministry of Trade has data showing wood product exports, mostly furniture, more than doubled to US$416 million in the first quarter of this year, compared to US$194 million in the same period last year.
The signing and ratification of the VPA has been delayed in the EU because documents have to be translated into all 22 of the EU languages.
Indonesia’s timber legality scheme is being assessed, a process that is required before it can be formally accepted as meeting the VPA requirements.
Source: Tropical Timber Market Report, International Tropical Timber Organization.
* All content is copyrighted by Industry Intelligence, or the original respective author or source. You may not recirculate, redistrubte or publish the analysis and presentation included in the service without Industry Intelligence's prior written consent. Please review our terms of use.