Logging - International Trade
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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.
Overall, wood product trade is forecast to slow in 2012.
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.
The Lithuanian forestry sector rebounded slightly in 2010 after experiencing precipitous declines in production and trade wrought by the global economic crisis in 2008-2009.
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