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Russia: log and sawn timber export growth in Jan-Feb 2016

byCT Report
08/04/2016
in Latest News
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MOSCOW: During the first two months of 2016 Russian forest companies managed to export more logs and sawn timber in volume terms.

Thus, in January-February 2016 the Russian sawn timber export grew by 3.87% year-on-year and reached 1.9 million tons. Such data is available at the Russian Federal Customs Service’s official website.

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During the same period Russia exported nearly 2.89 million m3 of logs, that indicates to the 3.74% growth year-on-year.

As to log and sawn timber exports expressed in value terms, the situation is a bit less favorable for Russia. In January-February 2016, the country’s sawn timber exports amounted to $376.5 million, having gone down by 15.22% over January-February 2015. The value of the Russian logs exported during the same period came up to $196 million, 7.8% down year-on-year.

Log and sawn timber exports from Russia to the non-CIS states grew in volume terms by 4.1% and 13.6% respectively.

 

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