According to a comprehensive report from Worldway Immigration: August 4, data released by the Forestry Department of the Latvian Ministry of Agriculture shows that in the first 5 months of this year, the export value of Latvian forestry products reached 845 million euros, of which the export of timber and timber products was 739 million euros, a year-on-year increase of 12.7%. The main export destination countries were: the United Kingdom (123 million euros, accounting for 14.6%), Sweden (97.3 million euros, accounting for 11.5%), and Germany (94.23 million euros, accounting for 11.1%).
1-5 month forestry import value was 280 million euros, a year-on-year increase of 16.9%. The main import source countries were: Lithuania (60.04 million euros, accounting for 21.5%), Estonia (35.03 million euros, accounting for 12.5%), and Poland (30.89 million euros, accounting for 11.1%).
Latvia's 2013 forestry exports were 1.875 billion euros, a year-on-year increase of 10%; imports were 591 million euros, a year-on-year increase of 17.9%.
Editor: Worldway Immigration
