NZFOA chief executive Elizabeth Heeg. Photo \/ Supplied<\/p>\n
\u201cThey add uncertainty and risk for exporters who are working hard to build long-term, sustainable supply chains benefiting both countries,\u201d she said.<\/p>\n
The US is New Zealand\u2019s largest export market for sawn timber and sleepers and the second-largest for panels.<\/p>\n
In 2024, the US imported about $370 million worth of radiata pine products from New Zealand, making it this country\u2019s third-largest export market for value-added forest products.<\/p>\n
\u201cBilateral trade between New Zealand and the US benefits both parties,\u201d Heeg said. <\/p>\n
\u201cOur products help fill supply gaps in the US housing and construction sectors, particularly where domestic alternatives are limited.<\/p>\n
\u201cWhile this tariff is less severe than the 50% rate first considered by the US Government, it still represents a barrier to continued growth in this market for growers, processors and exporters.\u201d<\/p>\n
The NZFOA says it will continue to work alongside its members, industry partners and government agencies to respond to the change, including actively seeking to diversify and expand into new markets.<\/p>\n
Forestry is New Zealand\u2019s third-biggest export.<\/p>\n
Jamie Gray is an Auckland-based journalist, covering the financial markets, the primary sector and energy. He joined the Herald in 2011.<\/p>\n","protected":false},"excerpt":{"rendered":"NZFOA chief executive Elizabeth Heeg. Photo \/ Supplied \u201cThey add uncertainty and risk for exporters who are working…\n","protected":false},"author":2,"featured_media":53555,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9055,3110,1644,3247,71,305,23500,45613,3215,2454,45612,661,111,43,139,69,1118,90,9769,45614,312,5257,45610,45611,583,5215,3040,8218,1533,80],"class_list":["post-53554","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-zealand","tag-9055","tag-association","tag-financial","tag-forest","tag-from","tag-have","tag-impact","tag-imported","tag-imports","tag-industry","tag-lumber","tag-major","tag-new-zealand","tag-news","tag-newzealand","tag-nz","tag-of","tag-on","tag-owners","tag-repercussions","tag-says","tag-significant","tag-slaps","tag-softwood","tag-tariff","tag-timber","tag-us","tag-warns","tag-will","tag-zealand"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/53554","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=53554"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/53554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/53555"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=53554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=53554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=53554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}