China Continuously Expands Russian Wood Imports to Increase Its Export Share to 63.6% in Russia

May 15th, 2023 Source: China Russia Information Network

According to Roslesinforg, the forest inventory management agency of the Russian Federation, in the first quarter of 2023, China imported 2.878 million cubic meters of timber from Russia, a year-on-year increase of 3.5%. In the first quarter of 2023, Russian companies’ timber exports to China reached 4.154 billion yuan, a year-on-year increase of 3.3%. China’s share in Russian timber exports has increased from 48.6% to 63.6%.