Illegal logging lead to more than 90 percent of the 270,000 cubic meters of logs and the 170,00 cubic meters of sawn timber imported into China from Myanmar to be illegal. Illegal logging from China accounts for ten percent of the global trade in timber. Illegal logging in Pakistan creates annual losses of $782 Million (65 Billion Pakistani Rupees). Illegal logging in Peru lead to an estimated $44.5 Million in losses in 2005. Illegal logging in Cambodia creates a black market worth $13 Million a year. Illegal logging in Vietnam has cut down the numbers of rare Red Pine trees in the country from over 300 in 2004 to less than 100 trees in 2009. The trees are illegally logged due to their medicinal benefits. Illegal logging by gangs in Madagascar lead to about 7,000 cubic meters of timber a month to be cut down in 2009. The wood would then be sold in Asia at prices of $5,000 a cubic meter. Illegal logging leads to 20 to 40 percent of all wood production globally, according to the World Wildlife Fund. Illegal logging has lead to global prices of wood to be depressed by as much as 16 percent. Illegal logging in Russia leads to the highest black market traffic in wood when timber is sent to China for manufacturing.