logoBC
Yaoundé - 09 July 2020 -
Business in Cameroon

Cameroon: Log exports to the EU fell 33% YoY in Q1 2019

Cameroon: Log exports to the EU fell 33% YoY in Q1 2019
  • Comments   -   Wednesday, 12 June 2019 19:29

(Business in Cameroon) - Over the first three months this year, Cameroon sold 2,260 tons of logs to the European Union. According to latest data from the International Tropical Timber Organization (ITTO), this volume is down 33% compared to the same period in 2018.

A decline is also observed in volumes shipped by other African suppliers to the European market. The Central African Republic shipped 4,730 tons over the period, down 5% year-on-year and DRC also suffered a 5% decline, shipping only 4,100 tons.

The weak log exports, ITTO explained, is linked to lower demand for tropical logs in the main EU markets. France only imported 11,200 tons (-7%) while Belgium purchased 4,360 tons (-4%) and Portugal bought 3,450 tons (-10%).

BRM

cameroon-plantain-chips-producer-delors-leuwing-n-wins-3rd-edition-of-pierre-castel-prize
Delors Leuwing Ngounouo (photo) is the winner of the 3rd edition of Pierre Castel Prize in Cameroon, thanks to his company Mboa Snackery Sarl, which...
investisseurs-et-partenaires-i-p-announces-interest-free-loan-programme-to-support-smes-in-cameroon
Investisseurs et Partenaires (I&P), an investment fund dedicated to SMEs based in Africa -chaired by Jean-Michel Severino (photo)- and Somtou Cameroun...
cameroonian-start-up-ease-travel-launches-a-cfaf150-mln-fundraising-to-develop-operations
Since June 15, 2020, the Cameroonian start-up Ease Travel Services, with Franck Dakayi (photo) as co-founder, has been in the fundraising market to raise...
hevecam-lays-off-1-037-employees
As announced on June 26th, Hevea Cameroun (Hevecam), a subsidiary of the British group Corrie MacColl specialized in rubber production, laid off part of...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »