The PNG government has committed to ending round log export volumes by 2027, but it is not on track to meet it’s log export reduction goals as outlined in the Medium Term Development Plan IV.
In 2022, the Government announced its intention to phase out round log exports over the next five years and increase local downstream processing to promote greater employment, increase GDP and boost government revenues.
However, official log export data for 2023 shows exports of 2.2 million cubic meters, well over the full year limit set in the MTDP of 1.695 million cubic meters.