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May 25, 2020

Impact of coronavirus on exports of the Finnish forest industry

How does the global recession caused by the coronavirus affect the exports and prices of the Finnish forest industry?  For Finland, the most important export destination for sawn timber is Egypt, whose main export revenue comes from tourism and oil. Both are doing badly. The second is China: there, industrial production slowed sharply for a while, now the situation is apparently improving. In Japan, the situation has remained reasonable. In Britain, construction has apparently almost come to a halt but will reopen in May. In Saudi Arabia, the sharp fall in oil prices will reduce construction. In Germany ...

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