The trade of timber and logs looks set to reach its highest level since the financial crisis erupted in 2008, according to an analysis from Wood Resource Quarterly. Trading values of the various wood sorts reached more than USD 50 billion, only counting trade from January up to and including October. Two thirds of this figure came from the trade of softwood timber. The biggest increase in overseas trade took place between Canada and China, and the Nordic countries and Japan, says the organization.