LatinNews Daily - 09 December 2021

In brief: Timber exports remain below pre-pandemic levels

* Peru’s association of exporters (Adex) has announced that timber exports totalled US$97.6m between January and October 2021, representing a 32.2% increase on the same period in 2020. However, Adex noted that timber exports remain 3.9% lower than the same period in 2019, suggesting that the sector has not yet fully recovered from the impacts of the coronavirus (Covid-19) pandemic. In the first ten months of this year, the bulk of timber exports went to China (US$30.1m), followed by France (US$16.0m), the US (US$11.2m), Mexico (US$6.9m), and the Dominican Republic (US$6.2m).