Drop in revenue from timber products this year – Minister

The revenue from export of timber products between January and October this year dropped by 9.3 per cent to RM5.45 billion, from RM6.01 billion in the same period last year.

Second Resource Planning and Environment Minister Datuk Amar Awang Tengah Ali Hasan said this was due to depreciation of main export products such as logs, plywood and weak demand from main markets such as Japan, Taiwan, South Korea and China.