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Tuesday, 09.06.2026, 07:46
Wood exports from Latvia reached record-high LVL 1.10 – 1.12 bln in 2011
Nina Kolyako, BC, Riga, 03.02.2012.
Print version
Print versionIn 2011, Latvia's wood exports amounted to LVL 1.10 – 1.12 billion, the highest figure in the past 20 years, according to the Agriculture Ministry's approximate estimates.
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In 2010, wood exports totaled LVL 1.015 billion, in 2007 – LVL 1.058 billion.
Agriculture Ministry's Forest Department Director Arvids Ozols explains that wood export grew due to the state's timely decision to ensure the wood industry with timber supplies, allowing to maintain production and jobs and edge out the competition.
This decision paid off particularly in 2011, when wood production prices grew, thus the record-high figure is logical.
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