tropical hardwood markets from a malaysian perspective september 2005 sk tham director mtc london introduction timber industry contributes significantly to the economy 4 3 gdp in 2004 major source of foreign exchange exports euros billion provides employment 337 300 persons 5 total 2003 malaysia products rm million sawntimber plywood mdf logs bcj wood furniture moulding veneer others 14 28 6 27 10 2 19 8 ringgits us sawn by volume eu w asia oceania americas east africa 68 15 76 m3 84 cubic metres 0 500000 1000000 1500000 2000000 2500000 3000000 3500000 china west 1995 s european union 9 16 191 296 310 7 1 003 80 860 500 1000 1500 rattan mouldings wooden 24