Ghana's wood product exports down 21% in 1H 2017

16 October, 20:46
Ghana earned Euro 82.9 million from the export of 152,652 cubic metres of wood products in the 1H 2017. This represented a 25% decline in export earnings and a 21% decline in export volumes compared to the 1H 2016, as ITTO reported.

June exports totalled 35,700 cubic metres, down almost 6% year-on-year. June primary product exports, comprising poles and billets, earned Euro 3.7 million from 12,462 cubic metres, representing 8% of total wood product export volumes in the first half of the year.

June exports of secondary wood products comprising sawnwood, plywood, boules, veneer and kindling formed the bulk of wood product exports and earned Euro 76.3 million from a volume of 134,140 cubic metres.

In Ghana, tertiary wood products are defined as processed mouldings, flooring, dowels and furniture parts and June export earnings totaled Euro 2.8 million.


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