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Yaoundé - 18 November 2019 -
Environment

In 2018, Cameroon headed the Top10 wood suppliers to Vietnam

In 2018, Cameroon headed the Top10 wood suppliers to Vietnam
  • Comments   -   Wednesday, 03 July 2019 13:37

(Business in Cameroon) - Cameroon headed the top10 of Vietnam’s wood suppliers in 2018, the International Tropical Timber Organization (ITTO) reveals in its sectoral report covering the June 16-30, 2019 period.

With wood exports to Vietnam valued at $215.8 million or XAF125 billion during the period under review (a year to year rise by about XAF10 billion), Cameroonian timber growers outranked countries like Belgium, Congo, China, the USA, Ghana, Malaysia, Cambodia and Angola.

Let’s note that despite the  FLEGT (Forest Law for Enforcement, Governance and Trade) regulation deemed more stringent on the origin of wood imported by the European Union, this common area remained the leading destination for Cameroonian woods in 2018. China came second according to figures published by the ITTO.

Logging, which has become more stringent recently, is the largest non-oil exports revenues provider in Cameroon. The ITTO expects this activity to grow more in the coming years because of the commissioning of Kribi deepwater port in South Cameroon in March 2018.

Brice R. Mbodiam

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