logoBC
Yaoundé - 25 April 2024 -
Wood

In Q1, 2019, Cameroon supplied 80% of the plywood exported by African countries to the US

In Q1, 2019, Cameroon supplied 80% of the plywood exported by African countries to the US
  • Comments   -   Tuesday, 23 July 2019 10:46

(Business in Cameroon) - In Q1, 2019, African countries supplied 11,956 m3  of Plywood to the United States of America. This was 18% of the country’s imports during the period under review. According to the International Tropical Timber Organization (ITTO), Cameroon provided more than 80% of these supplies.

Indeed, the ITTO reveals, Cameroonian wood growers exported 9,546 m3 of plywood to the USA, a volume 48% above the country’s plywood exports in Q1, 2018.

In the USA plywood suppliers ranking, Cameroon is followed by Congo Brazzaville (3,623 m3, +18% YoY) and Ghana (2,079 m3, +6% YoY). During the period under review, Côte d’Ivoire’s plywood exports to the USA dropped by more than 30% YoY to 308 m3.

Brice R. Mbodiam

cameroon-s-red-cocoa-nears-labeling-as-oapi-awaits-coloration-analysis
The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...
cameroon-poultry-expo-revives-focus-on-industry-transformation
The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...
beac-s-bond-auction-meets-success-in-inflation-combat-efforts
On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...
cameroun-delays-bond-sale-amid-regional-market-strain
The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »