logoBC
Yaoundé - 15 August 2020 -
Agriculture

Cameroon: Banana exports down by over 13,000 tons YoY in Q1-2020

Cameroon: Banana exports down by over 13,000 tons YoY in Q1-2020
  • Comments   -   Thursday, 09 April 2020 15:25

(Business in Cameroon) - In Q1-2020, the volume of banana exported by producers still operating in Cameroon dropped by 13,143  tons. According to figures revealed by the banana producers association Assobacam, during the period under review, the exports stood at 49,818 tons against 62,961 tons in Q1-2019.

This decrease is mainly due to the drop in the exports of plantations du haut Penja (PHP), the local subsidiary of French group Compagnie fruitière de Marseille.

During the period under review, the exports of the leader of Cameroon’s banana market dropped by 12,174 tons (from 58,067 tons in Q1-2019 to 45,893 tons).

Boh Plantations, the second banana exporter still operating in Cameroon, exported 3,925 tons during the said period. This represents a 969 tons year-over-year decrease compared with the 4,894 tons it exported during the same period in 2019.

Assobacam did not explain the drops but, according to some operators, this counter-performance could be due to this year’s dry season which has been harsher than 2019.

Banana is the third export product in Cameroon behind crude oil (over 40% of total exports) and timber (about 15% of total exports).

Brice R. Mbodiam

camrail-renovates-13-railway-bridges-and-announces-completion-of-rehabilitation-works-on-55-others-for-2021
The Interministerial Committee on Railways Infrastructure (Comifer) recently checked the completion of renovation works on 13 railway bridges. According...
cemac-beac-announces-the-launch-of-etransfert-to-speed-up-the-processing-of-wire-transfer-requests
The Bank of Central African States (BEAC), the central bank of CEMAC countries, announces that on September 1, 2020, it will officially...
cameroon-postpones-implementation-of-the-fifth-phase-of-its-epa-with-the-eu
Importers were recently surprised to be asked the full customs duties for their car imports from the European Union (EU) instead of receiving a 10%...
national-bank-of-equatorial-guinea-obtains-business-license-for-its-subsidiary-in-cameroon
Bange Bank Cameroon SA, a subsidiary being set up by the National Bank of Equatorial Guinea (Bange) in Cameroon, was issued a business license by the...

Mags frontpage


Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon


Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”


Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns


Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »