Latvia’s wood product exports falling rapidly as prices cool

Latvia's wood product exports have fallen by more than 20% in the first five months of the year, and import by over 30%, according to data from the Latvian Ministry of Agriculture. Latvian industry experts, however, believe that this information should not be seen as a crash of the timber industry, since last year, with the beginning of the war, prices climbed to inadequate heights in fears about the future. Now there is a respite and a period of reflection about working smarter, experts say. Latvia's forest sector is justifiably seen as a cornerstone of Latvian ...