EU Maintains Substantial Trade Surplus in Wood Furniture – ITTO European Market Report 31st March 2016

EU countries imported wood furniture worth €5.78 billion from outside the EU in 2015, 13% more than in 2014 and 16% more than in 2009, when the financial crisis had reached its climax. At the same time, EU exports of wood furniture rose to €8.73 billion in 2015, up only 3.5% from 2014 but 51% more than in 2009 (Chart 1).

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EU Wood Imports Rise to Highest Level Since Financial Crises – ITTO European Market Report 15th March 2016

The total value of EU imports of wood products was €17.20 billion in 2015, 12% more than in 2014. This followed an increase of 10% to €15.3 billion in 2014. In 2015 EU import value was at the highest level since 2008 just before the global financial crises (Chart 1).

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