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May 25, 2020

Sharp drop in Latvia’s wood products exports in Q1/2020

In January-March 2020, Latvia exported EUR 651.007 million worth of forestry products, which is a decrease of 9.2 percent against the previous year, according to information released by the Latvian Agriculture Ministry.  Timber and timber products made up the bulk or 85.2 percent (87.4 percent a year ago) of total forestry product exports in January-March, accounting for EUR 554.738 million and declining 11.4 percent year-on-year.  Sawn timber exports decreased 22 percent year-on-year to EUR 145.7 million, firewood exports accounted for EUR 116.833 ...

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