Value of Illegally Cut Trees in Colombia

Illegal logging in Colombia is worth $60 Million a year, with 42 percent of all timber sold in the country being illegally felled.

The cost to extract one cubic meter legally felled wood in Colombia is $334.64. The cost when illegally logging is $195.80 per cubic meter.

Source: Toni Peters, “42% of Colombian timber illegal, worth $60 million a year,” Colombia Reports, August 29, 2011.