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Peru's export performance a surprise to analysts
¡¾Jan.31, 2002¡¿

Peruvian wood and wood products exports increased in 2001. Compared to the period Jan-Oct 2000 there was a 3.8% increase in export values in 2001. This was despite the new forestry Law 27308, which forbids the export of rough sawnwood of Mahogany and Spanish cedar, the main export species which accounted for 66% of total exports previously.

This increase in exports came as a surprise to most of the trade who had expected a decline in exports after the new laws were implemented.

Information from the National Custom Agency shows that exports during the period Jan-Oct 2001 were US$68.9 mil and in the same period of 2000 were US$66.4 mil.

Plywood, parquet flooring and other manufactured wood products mainly for the building sector are responsible for the increase in exports. Mahogany and Spanish cedar sawnwood exports fell by 22.5%.