On Wednesday the Russian Minister of Natural Resources and Ecology suggested that Russia could ban the export of wood to China if the problem of illegal logging in the country is not resolved.
According to some reports, illegal logging accounts for anywhere between 0.8% and 40% of the total timber produced in Russia. The Russian Agricultural Bank reports that in the first half of 2018 there were 7,400 cases of illegal logging recorded in the country.
It is estimated that Russia accounts for 30% of Chinese imports of wood and sawn timber. In 2017, the value of the timber trade between the two countries reached US$ 4.8 Billion. Species making up the bulk of the volume include Pine (Pinus spp.) and Spruce (Picea spp).
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