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Yaoundé - 22 May 2019 -
Agriculture

Cameroon: Raw cotton export grew by 23% in 2018

Cameroon: Raw cotton export grew by 23% in 2018
  • Comments   -   Tuesday, 05 March 2019 13:47

(Business in Cameroon) - Raw cotton export in 2018 increased by 23% making the commodity the only agricultural export product in the country to have recorded such an improvement over the year, the National Balance of Payments’ Technical Committee said.

Export of other products either followed a downward trend or were stable. Banana exports fell by more than 20,000 tons over the period due to the closure of CDC, a public agro-industrial company, whose current difficulties also caused a decline by 24% in rubber exports last year.

Alongside a sluggish coffee sector, cocoa exports stabilized in 2018, after a 28% decline in 2017, official statistics showed. According to the technical committee, cocoa exports were poor because of the ongoing crisis in the southwest and northwest, the main production areas.

BRM

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