The volume of exports of companies in the Latvian wood industry sector could decrease in general this year, as well as profits. However, opportunities could arise from non-traditional markets for Latvia, such as the United States, where the demand for lumber is currently on a rising trend. Kristaps Klauss, Executive Director of the Latvian Wood Industry Federation, is likely to see a decline in the Latvian wood industry exports this year. He acknowledged that at the beginning of the Covid-19 coronavirus pandemic, in mid-March and early April ...
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