African countries are estimated to lose $17 billion to illegal logging each year. This is part of a
global market with an economic value of $30 to $150 billion. The net profit from the illegal
charcoal trade alone in Africa is estimated to be as much as $9 billion, "compared to the [$]2.65
billion worth of street value heroin and cocaine in the region." High-value timber species are in
immense global demand, with the United Nations Office on Drugs and Crime (UNODC)
reporting that Africa’s share of rosewood exports to China rose from 40 percent in 2008 to 90
percent in 2018.