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GENERAL FACTS

WOOD SECTOR FACTS

LATVIA

  • Population: 1.93 M
  • Capital: Riga
  • Gross national income: 54 Bn €
  • Latvia is a member of European Union and World Trade Organization, NATO and OECD
  • Official languages: Latvian
  • Currency: Euro
  • Geographical size: 64,600 km2
  • Export: machinery, mechanical appliance sand electrical equipment (17.4%); timber and its products (16.5%), food industry products (9.5%)
  • ​Trade with China: Latvia exports to China is valued at about 134.62 M €, approx. 46% or 62.21 M € was wood and articles of wood,wood charcoal
  • Wood construction export amount (2018):94M €.
  • Wood constructions export in 2018 in comparison with 2017 has increased by 10.69%.
  • The main export destinations for wood are Sweden, Norway, the United Kingdom, the Netherlands.
  • Sawn wood, fuel wood, and plywood had the biggest shares of export value, totaling EUR 639 million (28.2%) , EUR 291 million(12.86%) and EUR 237 million (10.46%)respectively.

ESTONIA

  • Population: 1,3 M
  • Capital: Tallinn
  • Official language: Estonian
  • Gross national income: 40.78 Bn €
  • Currency: Euro
  • Estonia is a member of European Union; United Nations; OSCE, World Trade Organisation;NATO; OECD, Schengen. Estonia has signed the Kyto Protocol, an international treaty aimed at globally reducing greenhouse gas emissions.
  • Geographical size: 45 227 km²•Capacity of forest: 53%
  • Estonian forests are among the best protected in Europe. 26% of forest are under some kind of protection, from 13% is under strict protection (MCPEE class 1.1). About 60-70% of Estonian forest are certified, fro mall national forest (52%) are FSC (1,4 mil ha) and PEFC (1,2 mil ha) certified.
  • Dominant species in forest: pine (31%), birch(29%), spruce (19%)
Export values (2018):
  • Total export value: 2,38 Bn €
  • Prefabricated buildings of wood: 394 M €
  • Wooden building details: 311 M €
  • Furniture: 270 M €
  • Amount of production of sawn wood (2018): 2468 t m3 (export 318 t m3)
  • Amount of production of plywood (2018):107 t m3 (export 84,3 t m3)

FINLAND

  • Population: 5,5 M
  • Capital: Helsinki
  • Gross national income: 220 Bn€
  • Finland is a member of European Union•Official languages: Finnish, Swedish
  • Currency: Euro
  • Geographical size: 338.000 km2
  • Trade and economy: Public administration, defense sector, education, human health and social work activities (21.3%), industry (20.2%)and wholesale and retail trade, transport,accommodation and food services (15.9%) are the most important sectors of our economy.
  • Trade with China: The finnish export to China is valued at about 3.400 M € and import from China at about 4.600 M €
Gross value (2017):
  • Wood products (including furniture): 7,2 Bn €
  • Pulp and paper: 13,1 Bn €
  • Forest industry: 20,3 Bn €
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Amount (1.000 t/m3) of production of sawn wood(export amount) (2017): 11.700 (export 9.400)Amount (1.000 t/m3) of production of plywood(2017): 1.250 (export 1.050)Finnish export value of furniture (2017): 188 M €

Finnish export value of builders’ carpentry and joinery products (2017): 315 M €
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