Annual Value of Illegal Logging

Description

The official value of the global wood trade has been estimated at around US $327 billion dollars (FAO, 2007; UNEP 2009). If illegal logging consists of as much as 10-30% of the total logging worldwide, with some estimates as highg as 20-50% when the laundering of illegal wood is included, then the value of it is at least US $30-100 billion (NCB-Rome 2008; INTERPOL/World Bank 2009).