In 2022, the Gross Value Added (GVA) of forestry decreased by 3.4% in volume and increased, for the second consecutive year, 9.6% in nominal terms, reflecting the growth of prices.

There were nominal increases in Output and Intermediate consumption (IC), by 8.3% and 5.8%, respectively. All forestry products showed nominal increases.

In 2023, the trade balance of forestry products registered a surplus of 2.9 billion euros, lower than in 2022 (3.3 billion euros). Cork-based products were the most prominent group, with a trade surplus of 1.0 billion euros in 2023. The relative importance of exports of forestry materials and industrial forestry products in total exports decreased from 9.1% in 2022 to 8.1% in 2023.