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Cameroon: Wood exports up 25% y/y in value, in 2018

Cameroon: Wood exports up 25% y/y in value, in 2018
  • Comments   -   Wednesday, 06 March 2019 13:25

(Business in Cameroon) - In 2018, Cameroon was the first wood supplier to the European Union (EU), the International Tropical Timber Organization (ITTO) informed.

Over the period, the central African country collected a total of €252 million, or XAF165.3 billion from shipments towards the region, an improvement by 25% compared to 2017.

Cameroonian exports, dominated by sawn wood, achieved the highest increase for tropical wood exports to EU in 2018. Congolese exports grew 12% to €79 million (XAF51.8 billion) but Malaysian (€519 million, over XAF340 billion), Gabonese (about XAF107 billion) and Thai exports fell respectively by 5%, 5% and 13% over the period reviewed.

During the first nine months last year, Cameroonian exports to EU reached 186,500 tons; a performance thanks to higher shipments (25% in late August) towards Germany, ITTO said. In the same time, exports to Italy jumped 30% while those to Belgium slightly grew by 5%. Another big importer of Cameroonian wood is the Netherlands which uses it for civil works, according to Eric de Munck, MD of the Netherlands’ wood center (Centrum Hout).

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