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June 2, 2021

Impact on global markets of Russia’s log export ban

Impact on global markets of Russia’s log export ban
Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.    Russia exported 15 million m3 of logs in 2020, accounting for almost 12% of globally traded roundwood. Much of this trade may come to a halt in 2022 when a new law proposed by Russia’s president will ban the export of softwood logs and high-value hardwood logs in January 2022.    The Russian government is also considering measures to reduce illegal logging and restrict the export of green lumber.    ...

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