Estonia exported 630 million kroons (£37 million) worth of wood and related products during August 2009, official figures show.
Data released by Statistics Estonia revealed that the figure was down by 26 per cent on the same period last year.
The value of paper exports also fell, dropping by 14 per cent to hit 275 million kroons.
However, there was some brighter news for the country as the trade balance with its five biggest partners entered positive territory.
This means that Estonia received more money from Finland, Russia, Latvia, Sweden and USA for exports than it paid to them for imports.
Overall, the country's exports were worth 7.7 billion kroons during August, a year-on-year drop of 31 per cent.
Last month, Statistics Estonia revealed that 568 million kroons worth of wood and related products were exported from the nation during July, a fall of 20 per cent when compared to the same period last year.
This news item is brought to you by KMS Baltics in conjunction with Fest-Forest and EST KINNISVARA. Baltic forestry and property specialists.
Click here to find out more about Forestry Investment with us http://www.kms.ee/index.php?page=75& or call us on 00441668 213693. |
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