Russia and New Zealand compete over timber exports to China

Russia and New Zealand compete over timber exports to China
Russia is currently China's largest timber source. In 2018, Russian exports to China reached 15.65 million cubic meters, which is twice as much as in 2014! Despite the signs of weakness of China's timber market in 2018, the volume of Russian exports to China is still growing.    With the “Belt and Road” initiative, Russian wood has now easier access into major Chinese cities. With the continuous decline in the price of Russian timber and increase in Chinese demand, the import volume of Russian timber will continue to rise.    In ...

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