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A few days ago, the European Union imposed a ban on the supply of Russian forestry complexes under Russia's fifth trade restriction package. For a long time, Russia has been the main supplier of timber to the EU and the UK, and the EU's practice is undoubtedly aggravating the supply of timber in its region and directly causing the price to rise.

However, according to the Russian Federal Forest Service, Russia's forestry complex has not been greatly affected by the EU ban on its timber supply - currently, Russia mainly exports timber to friendly countries, where export restrictions have been re-adjusted , new supply chains are also being established.

Russia is the world's largest exporter of timber and the seventh largest exporter of forest products such as wood pellets, sawn timber and plywood. Today, my country is becoming one of the largest recipient countries of Russian timber exports. Due to the situation in Russia and Ukraine and my country's epidemic prevention and control measures, the growth rate of Russia's timber exports to my country slowed down in the second quarter of this year, from 1.043 million cubic meters to 1.2215 million cubic meters.

Russia said that in the first half of this year, 70% of its timber was supplied to friendly Asian countries, and the remaining 30% was shipped to countries such as the European Union, Singapore and Japan. Since Russia's exports to the EU have decreased and its exports to friendly countries have increased, the EU's timber ban has little impact, but the ongoing outbreak of the Russia-Ukraine incident has hindered its timber exports.