In the first four months of 2018 Ghana’s wood product exports totalled 115,225 cubic metres compared to 92,937 cubic metres during the same period in 2017, an increase of almost 24%, as ITTO reported.
The leading species used for the production and subsequent export shipments were teak (35%), rosewood (14%), wawa (9.5%), ceiba (8%) and papao/apa (8%). As has been the case for several years, markets in Asia continue to consume most of Ghana’s wood products with lesser volumes being shipped to European markets and the US.
The regional ECOWAS market accounts for a significant part of Ghana’s total exports but in the first four months of this year the volume shipped to ECOWAS markets dropped to 6,956 cubic metres from the 7,192 cubic metres in the same period in 2017. This was despite a slight increase in exports overland to Nigeria.
