(Business in Cameroon) - During the first six months this year, Cameroon’s sawn wood exports toward Europe dropped by 8% despite a 5% increase in imports on the European market. This was revealed by the International Tropical Timber Organization (ITTO) in an economic outlook.

Over the period, Côte d’Ivoire also witnessed a decline by 7% in sawn timber export to the market. However, upward trends were observed in Gabon (+16%), Congo (+6%), Ghana (+16%), Malaysia (+19%) and Brazil (+4%). Indonesia was atop the list with shipments up 186% compared to the same period in 2017.

Let’s note that Cameroon’s overall wood exports to the EU increased by 7% in H1 2018, boosting its market share to 16.6% from 15.7%, ITTO indicated.

BRM