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Russia log exports up in volume and in value in Jan-Dec 2016

Russia log exports up in volume and in value in Jan-Dec 2016

MOSCOW: Final results of 2016 show that the Russian roundwood trade on the foreign markets is still getting more active. This conclusion can be made on grounds of the foreign trade statistics published by the Russian Federal Customs Service.

Thus, in January-December 2016, Russian enterprises expanded roundwood exports both in volume and value terms. During the indicated period, the Russian log export reached 20.065 million m3, that is 3.21% more than during the respective period of the previous year when these figures came up to almost 19.44 million m3. The total value of the Russian exported logs during all twelve months of the last year grew year-on-year by 0.93%. In January-December 2016, the Russian log export reached just under US$1.352 billion, while during the respective period of the previous year it came up to US$1.339 billion.