Report: Ukrainian war fallout

The war in Ukraine is already causing significant disruption to global trade of forest products. Western sanctions against Russia and Belarus block the export of logs, chips, lumber, pulp and paper with dramatic consequences for global markets. Ukraine’s forest industry is also impacted by the ongoing war. Russian industry will struggle to source parts, equipment and finance. Even non-sanctioning countries, such as China, will need to adapt. This report investigates the shortterm and potential long-term implications of the war and it’s impact on trade of forest products.