Forestry, Logging and Support Services - International Trade
Forests are made up of hardwood, softwood, tropical hardwood, subtropical wood. Silviculture or forestry exploitation of forests includes tree felling, cutting up, skidding, clearing, planting and thinning out.
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Due to increased volumes, in early 2011, Xiuyu Port was approved to expand its facilities in order to accommodate a greater share of imported logs from the United States, Canada and New Zealand.
The forest products sector accounted for over $107 million in U.S. exports to Panama over 2008-10 (average) or 4.8 percent of total U.S. industrial exports to Panama.
The Korean wood industry relies on imports from over 100 countries for more than 80 percent of its consumption.
Estonia is one of the most forest-rich countries in the world and its forests are being harvested intensively.
The production of forestry products rebounded in 2010 as economic recovery in many importers spurred demand. However, production remains well below its potential as a result of inefficient legislation Forest Code, poor infrastructure and lack of investments.
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