logoBC
Yaoundé - 15 August 2020 -
Wood

Cameroon was the leading EU supplier of sawn timber in H1, 2019

Cameroon was the leading EU supplier of sawn timber in H1, 2019
  • Comments   -   Thursday, 03 October 2019 16:08

(Business in Cameroon) - In H1, 2019, Cameroonian sawn timber exporters exported 141,000 metric tons of the product to the European Union. This is revealed by the International Tropical Timber Organization (ITTO) in its latest sectoral report. Compared with the exports in H1, 2018, when the country’s sawn timber exports dropped noticeably, this represents a 20% rise.

With this performance, during the period under review, Cameroon became the leading sawn timber supplier in the EU, far ahead of Brazil which exported only 77,600 metric tons (47% up year on year).

With 30,200 metric tons of sawn timber exported to the EU in H1, 2019, Congo was the second African supplier. It was followed by Côte d’Ivoire (14,200 MT), whose exports dropped by 4% year on year nevertheless. Next came Ghana (up 17% YoY to 8,800 MT) and DR Congo (up 32% YoY to 7,300 MT).

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 »