Profits from Illegal Timber Trade in Peru

According to the World Bank, illegal logging in Peru generates profits of $72 Million a year for illegal loggers. Up to 80 percent of the country’s total timer exports are illegal logged.

Sellers can earn up to $1,700 for an illegally cut mahogany tree and up to $1,000 for a cedar tree on the black market.

Source:  Elyssa Pachico, “Drug Traffickers Take Note of Peru’s Illegal Timber Trade,” InSight, April 17, 2012.