The Malaysian Timber Industry Board (MTIB) has reported last year’s performance of the timber sector. Exports were RM 22.02 bil (RM 22.50 bil in 2019) while total imports were RM 6.81 bil (RM 5.95 bil in 2019). Timber exports contributed 2.2% of the country’s overall exports of RM 980.99 bil. The workforce in the forestry sector was estimated at 140,000 of which 55% are estimated to be foreign and 45% local. Annual investment data are available only for 2019 showing domestic investments were RM 479.88 mil ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!