CBIL
Industrial Minerals & Construction
All Timber & Plywood

Tropical Hardwood Logs (Plantation Teak & Licensed Sources)

Plantation teak and legally exported tropical logs, only from origins where log exports are lawful

Tropical hardwood logs are the most legality-sensitive wood trade there is, and the first question is not the price but whether the log may leave the country at all. Many producing countries ban the export of unprocessed logs to keep the sawmilling and plywood work at home: Indonesia has banned log exports since 2001; Peninsular Malaysia banned saw log exports completely in 1985, while Sarawak runs an export quota instead; Gabon banned log exports in 2010; Cameroon banned the export of 76 timber species in 2024 with a phase-out that began in January 2025; and under a 2024 directive of the Central African Economic and Monetary Community its members agreed to end the export of unprocessed timber by 1 January 2028. Other countries have their own log export ban policies, and a ban announced is not always a ban enforced, so the status is checked at the origin's forestry authority before any offer. Where round logs do leave the Pacific, the trade is mostly to China and carries a high risk of illegality at the point of harvest, and CBIL does not offer logs from origins where that risk cannot be closed on paper. UN Comtrade 2024 export declarations under HS 4403.49 (other tropical logs) total only USD 100 million across the reporters in the pull, led by Malaysia (40.1%), with Colombia, Peru, Costa Rica and Ecuador among the next reporters, and several log-exporting countries do not report to the database at all.

The legal trade CBIL works is plantation teak and licensed, documented tropical logs. Panama, Ecuador and Costa Rica are the leading shippers of teak logs, and India takes most of the world's teak trade: Ecuador's exporters send around 95% of their teak to India. The buyers are sawmills and veneer mills in India and Asia, and timber traders who resaw for furniture, decking and boatbuilding. CBIL is a commodity brokerage company and brokers these logs between plantation owners and licensed exporters and importing mills, loaded in 40-ft containers, on FOB, CFR and CIF terms, per m³ on girth class and length. Species listed under CITES are never offered, with or without permits. Every lot carries the harvest and transport permits of the origin, a phytosanitary certificate and fumigation certificate where the importer requires it, FSC chain-of-custody certificates where claimed, the EU Deforestation Regulation data including plot geolocation for EU destinations (applying to large and medium operators from 30 December 2026), a FLEGT licence where the origin runs a licensing scheme, and a Lacey Act declaration for the USA.

Excluded origins are not offered, including product re-exported, blended or re-processed through a third country. Every lot moves with a certificate of origin naming the producing plant, mine or grower country, and nothing is quoted before the seller and loading point are known.

Indicative reference

Per m³, on girth class and length USD / m³

as at September 2026

IncotermsFOB · CFR · CIF
OriginsPanama, Ecuador, Costa Rica, Brazil
PackagingLogs loose-loaded or lashed in 40-ft containers, end-marked with the permit or tag number
HS Code4403.41 / 4403.49

Reference level only — not an offer, and reviewed quarterly. Levels shown are as at September 2026. Firm pricing is quoted per RFQ, subject to volume, terms and inspection.

Typical Specification

Measurementm³ by the measurement method agreed in the contract; girth class and length per log
Export StatusChecked at the origin's forestry authority before offer; banned origins never offered
SpeciesPlantation teak (Tectona grandis) and legally traded non-CITES species only
PhytosanitaryPhytosanitary certificate; fumigation certificate where the importer requires it
ShippingLoose-loaded or lashed logs in 40-ft containers
LegalityHarvest and transport permits, FSC CoC where claimed, EUDR, FLEGT, Lacey Act per destination

Specifications are indicative and adjusted to the agreed contract and destination requirements. Final spec confirmed on COA / SGS.

Available Grades

Plantation Teak Logs by Girth Class (Panama, Ecuador, Costa Rica)Plantation Teak Logs, Thinnings and Small GirthLicensed Tropical Hardwood Sawlogs (non-CITES species)FSC-Certified Plantation Hardwood Logs

Applications

  • Sawmilling for furniture and joinery
  • Decking and boat building
  • Veneer slicing
  • Timber trading in importing ports

Category

Industrial Minerals & Construction

Incoterms

FOB · CFR · CIF

Pricing basis

USD / m³

Inspection

SGS / Intertek at load port

Tropical Hardwood Logs (Plantation Teak & Licensed Sources) — buyer questions

Which countries ban the export of tropical logs?

Several. Indonesia has banned log exports since 2001, Peninsular Malaysia since 1985 and Gabon since 2010; Cameroon banned 76 species in 2024 with a phase-out from January 2025; and the Central African Economic and Monetary Community members agreed in 2024 to end unprocessed timber exports by 1 January 2028. Other countries have their own log export policies, and they change, so CBIL checks the current status with the origin's forestry authority before any log is offered.

Do you offer CITES-listed species?

No, with or without permits. The species list is checked against the current CITES appendices before each offer, because listings change at each Conference of the Parties. The legal trade CBIL works is plantation teak and documented, non-CITES tropical logs.

Where does plantation teak come from?

Panama, Ecuador and Costa Rica lead the shipments of teak logs, and Brazil ships plantation teak logs too. India is the main buyer: Ecuador's exporters send around 95% of their teak there. Plantation teak is sold by girth class and length, and the heartwood share and log age drive the value.

What documents prove a tropical log is legal?

The origin's harvest and transport permits for the log, a phytosanitary certificate, FSC chain-of-custody certificates where claimed, the EU Deforestation Regulation data including harvest plot geolocation for EU destinations, a FLEGT licence where the origin has a licensing scheme, and a Lacey Act declaration with genus, species and country of harvest for the USA. A log that cannot be traced to a lawful harvest is not offered.