Latvia, Markets and Companies, Woodwork

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.