Illegal Logging Market Value: $15 Billion
According to a briefing paper by Chatham House, illegal logging activities “may account for over a tenth of the total global timer trade, representing products worth at least $15bn a year.”
Source: Duncan Brack, “Illegal Logging: Briefing Paper”, August 2006, Chatham House: Energy Environment and Development Programme, (accessed: December 15, 2007).
Indonesia loses $1 billion a year to illegal logging
The government of Indonesia losses an estimated $1 billion a year in lost revenue and taxes due to illegal logging.
Source: Duncan Brack, “Illegal Logging: Briefing Paper, August 2006, Chatham House: Energy Environment and Development Programme,(accessed: December 15, 2007).
US Companies lose $460 million each year to illegal logging
Companies in the United States lose at least $460 million each year as world prices are depressed between 7 -16 percent by the availability of illegal logging products.
Source: Duncan Brack, “Illegal Logging: Briefing Paper, August 2006, Chatham House: Energy Environment and Development Programme,(accessed: December 15, 2007).
60 to 70 percent of timber imported into EU may be illegal
According to the Royal Canadian Mounted Police, 60 to 70 percent of the tropical timber imported into the European Union may have been cut illegally.
$350 million of timber smuggled into China from Myanmar’s forrest
1.5 million tonnes of timber worth $350 million was smuggled into China from Myanmar’s teak forests in 2006.
Source: “Myanmar wildlife pays the price for Chinese demand,” Reuters UK, September 3, 2007.
