Topicality of the research is connected with the significant role of wood products manufacturing in the Latvian economy, because geographical position, amount of forest and its quality set belonging to the states where forest products serves for the local production as well as takes significant place in foreign trade. Given the economic slowdown of 2008, Latvian timber products can be regarded as a “crisis time” option, therefore in the article there is considered key on the competitiveness based management techniques of wood products to find solutions for wood products for further development.