Latvia, Markets and Companies, Woodwork

International Internet Magazine. Baltic States news & analytics Wednesday, 23.09.2020, 19:20

Latvian imports of forestry products decrease 8% in H1

BC, Riga, 12.08.2020.Print version
In January-June 2020, Latvia imported EUR 442.704 mln worth of forestry products, which is 8% less than in the first half of 2019, according to information released by the Agriculture Ministry writes LETA.


Timber and timber products made up most or 60.1% of total forestry product imports in January-June (62% a year ago), accounting for EUR 266.028 mln and declining by 10.8% from January-June 2019.


Sawn-timber imports dropped 25.7% y-o-y to EUR 68.796 mln, round timber imports declined 17.2% to EUR 46.753 mln, while firewood imports increased 13.5 % to EUR 37.411 mln.


Paper, cardboard and their products accounted for EUR 135.816 mln of Latvia's forestry product imports in January-June, down 2.4% compared to the first half of 2019. These products made up 30.7% (28.9% a year ago) of total forest product imports in January-June.


Lithuania supplied the largest amount of forestry industry products to Latvia in January-June, accounting for EUR 81.962 mln, or 18.5% of total forestry industry imports. Belarus supplied EUR 76.135 mln worth of products, or 17.2%, and Poland supplied products for EUR 51.989 mln, or 11.7%.

In January-June last year, Latvia imported EUR 481.007 mln worth of forestry products.

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