Analytics, Baltic Export, Latvia, Markets and Companies, Woodwork
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Thursday, 28.03.2024, 17:46
Latvian exports of forestry products down 11% in 10 months
Timber and timber products made up the bulk or 85.5 % (86 %
a year ago) of total forestry product exports in January-October 2019,
accounting for EUR 1.872 bn and declining 1.5% y-o-y.
Timber exports in the first ten months of 2019 included EUR
568.918 mln worth of sawn timber, down 8.8% y-o-y.
Firewood exports increased 32% y-o-y to EUR 362.012 mln,
round timber exports reached EUR 198.48 mln, down 18.3% from a year ago,
plywood exports fell 21.4% to EUR 176.986 mln, and exports of woodchip plates
dropped 16.8% to EUR 153.677 mln.
In January-October, Latvia supplied forestry products mainly
to the UK (17.8%), Estonia (12.6%) and Sweden (11.5%).
Exports to the UK decreased by 5.1% to EUR 390.029 mln,
exports to Estonia grew 24.3% to EUR 276.1 mln and exports to Sweden dropped
5.3% to EUR 252.312 mln.
In the first ten months of 2018, Latvia exported EUR 2.212 bn
worth of forestry products.