Russian timber exports continue to fall ...News

Analysts expect sales of wood to gradually recover thanks to trade being redirected eastward Foreign sales of Russian timber saw a further decline in the first quarter of this year, dropping more than 20% to 4.5 million cubic meters, according to the latest data by the Russian forest regulator, Roslesinforg, as quoted by Russian business daily Kommersant. The drop is largely attributed to the sanctions that the EU introduced against Russia over its military operation in neighboring Ukraine. The bloc had previously been among the major importers of Russian timber. According to the Federal Customs Service of Russia

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