INFORMATION ABOUT TIMBER MARKET IN COLOMBIA

Colombia has a rich variety of timber species and a long tradition of forestry management. The country's forests cover around 60 million hectares, or 52% of its land area, with 80% of the forests located in the Amazon region. Colombia's forests are known for their high biodiversity and unique species, with around 60% of the country's 60,000 plant species found in its forests.

The timber market in Colombia is significant, with an estimated value of around $700 million in 2020. The country exports timber products to various countries, including the United States, Mexico, China, and European countries. The main timber species exported from Colombia are mahogany, cedar, balsa, and oak, among others.

The government of Colombia has implemented various policies to ensure sustainable forest management practices, including the promotion of forest certification and the development of national standards for forest management.

Additionally, the country has signed various international agreements related to forestry management, such as the Convention on Biological Diversity and the Paris Agreement.

However, there are also concerns regarding illegal logging in Colombia, which has negative impacts on the environment and local communities. The government is working to address this issue through the implementation of regulations and penalties for illegal logging activities.