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Belarus to export record-high amount of timber in 2024: Forestry Ministry

0 Comment(s)Print E-mail Xinhua, October 12, 2024
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MINSK, Oct 11, (Xinhua) -- Belarus is to export a record-high amount of timber of up to 1 million cubic meters in 2024, said the Forestry Minister of Belarus Aleksandr Kulik on Friday, when reporting to Belarusian President Aleksandr Lukashenko during the head of state's working trip to Shklov District of Mogilev Region.

According to the minister, from January to September 2024 forestry institutions affiliated with the Forestry Ministry sold more than 788,000 cubic meters of timber, up 12.5% from the same period last year, and it is expected to reach 1 million cubic meters of timber in exports by the end of the year.

"This year we will break the record and reach an all time high of 1 million cubic meters of timber in exports. The previous highest figure stood at 800,000 cubic meters," the minister said.

In terms of value, the export of timber products and services amounted to $135 million in January-September 2024, up almost 16% year on year. Profitability of sold products, goods and services was almost 20%. For comparison: it was 10.6% in the previous year, Kulik said.

According to the ministry, China remains the main sales market, accounting for about half of Belarus' timber exports. Enditem.

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