Press release: Weak Ruble boosts Russian lumber export

5/7/2015

The falling Ruble has taken Russian exports of wood products to record high levels. This is most clearly seen in China, where Russia now accounts for half of the country's total import of softwood lumber. During January and February 2015 Russia exported one million cubic meter of sawn lumber to China, which is 20 percent more than during the same period in 2014. At the same time China decreased the import from Canada by 27 percent.

“The falling Ruble helps Russia to compete with other countries; especially Canada has lost market shares to Russia. Thus Canadian lumber remains in North America more than before,” says Jenny Wessung, CEO Woodstat AB.

For more information contact:
Jenny Wessung, CEO
Woodstat AB
jenny.wessung@woodstat.com
+46 (0) 70 660 40 46
http://www.woodstat.com

Anneli Gustafsson, market analyst North America & Japan
anneli.gustafsson@woodstat.com
+1 (425) 213 7552

About Woodstat
Woodstat delivers comprehensive statistics to all parts of the lumber and forestry industries.