Australia’s forests and forestry glossary

The value added by an industry to the inputs used by that industry, and therefore the contribution of that industry to Gross domestic product.

For national reporting on the forestry, wood and paper products industries, ‘Industry value added’ includes forest management, wood harvesting and wood processing, but excludes wholesaling, retailing and further value-adding (such as the manufacturing of some commodities).

See Forest management, Gross domestic product, Harvesting, Value-adding.