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Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / China / Global / Russia
February 1, 2018

Russia to gradually increase log export duties in order to promote domestic wood proccessing

Russia to gradually increase log export duties in order to promote domestic wood proccessing

The Russian government announced a new ministerial ordinance regarding log exports from the Far East regions. It states that if any company, which achieved a certain amount of wood processing, wishes to export logs, 6.5% export duty rate is applied. Then the duty will be increased step by step and the rate will be 80% after 2021, which practically prohibits log exports.

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