Russian plywood floods US ports as sanctions loopholes fuel $360 million trade

The US Central Bureau of Statistics data for February shows that the volume of imports of Russian birch plywood reached 11,300 cubic meters. Russian government-backed oligarchs, including Svez owner Alexei Mordashov, have made huge profits thanks to $360 million worth of transactions that have not been restricted or stopped by US control agencies. The Decorative Hardwoods Association has warned Washington that every dollar spent on Russian-origin birch plywood in Baltimore and Houston, as well as in ports along the US East Coast, helps maintain the Russian “war machine.” Russian plywood shipments to U.S. ports ...

Register for unlimited access

We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.
By registering you gain access to:
  • Thousands of quality articles
  • In-depth analyses of market trends
  • Exclusive market price insights
  • And much more!
[s2Member-Pro-PayPal-Form level="1" ccaps="" ps="paypal" lc="" cc="EUR" dg="0" ns="1" custom="2025.timberindustrynews.com" ta="0" tp="0" tt="D" rr="1" rrt="" rra="2" accept="paypal" accept_via_paypal="paypal" coupon="" accept_coupons="0" default_country_code="" captcha="0"] [s2Member-Pro-PayPal-Form desc="Yearly subscription - 290€/12 months" ra="290" rp="1" rt="Y"] [/s2Member-Pro-PayPal-Form]