Wood productivity in plantation forests depends on successful choices of genetic materials and silvicultural practices. Wisely defining the intitial tree spacing according to edaphoclimatic conditions is important as spacing influences the amount of water, nutrients and light available for each tree. Resource availability, in turn, influences some important processes controlling wood production such as tree survival, CO2 uptake, and partitioning of photosynthates to stem wood and other tree compartments. Different genotypes may respond differently to tree spacing, due to possible differences in their canopy structure, physiology, and strategies for soil ressources acquisitions and carbon allocations. Our objective in this study was to investigate the interactive effects of genotype and tree spacing on wood production of fast-growing clonal eucalypt plantations in Southeastern Brazil. Tree growth, gross primary production (GPP) and partitioning of GPP to total belowground carbon flux (TBCF), wood and leaf production, and aboveground respiration were assessed in an experimental trial involving three commercial E. urophylla clones (AEC 0144, AEC 224 and COP 1404) planted at two spacings (3 m × 2 m; 3 m × 4 m). We hypotetized that (1) the most productive genotypes are those with both the highest GPP and the highest carbon partitioning to stem wood production; and (2) at closer spacing, leaf area index (LAI) and GPP are higher, but the partitioning to wood production is lower, and the belowground partitioning is higher, due to reduced soil water and nutrients availability per tree. Biomass and LAI were measured at ages 40 months (mid-rotation) and 52 months, and GPP, TBCF, wood production and leaf production were estimated between these two stand ages. Stem biomass and LAI were higher, for all clones, at the closer spacing (3 m × 2 m), as we could have expected since this spacing (corresponding to a stocking of 1667 tree ha-1) is the most commonly chosen in industrial eu