The Russian Forest
Russian Forestry is a collection of Russian industries related to wood production and processing. As one of the oldest sectors of the country's economy, Russia's timber industry still generates about $20 billion a year. Russia has more than a fifth of the world's forests, making it the world's largest forest country. According to 2015 data, the total forest area exceeded 885 million hectares, representing 45% of the country's territory. Wood reserves in the region were 82 billion cubic meters. A significant part of the industry's income is formed by the export of wood raw materials. For a long time, Russia was the main supplier of wood raw materials in Europe. However, according to a 2012 study by the Food and Agriculture Organization of the United Nations and the Government of the Russian Federation, the potential of Russian forests is underutilized, with Russia accounting for less than 4% of world trade in forest pr...