Ghana exported a total 207,051 cubic metres of wood products during the period January to July 2015 up 17% year on year. The corresponding value for exports in the same period was Euro 105.77 million, up 47% year on year.

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Ghana's wood products export increased by 17% in January - July 2015

Oct 02, 2015. /Lesprom Network/. Ghana exported a total 207,051 cubic metres of wood products during the period January to July 2015 up 17% year on year. The corresponding value for exports in the same period was Euro 105.77 million, up 47% year on year, ITTO reports.

The main export products in the January to July period were sawnwood (air and kiln dry), plywood to regional markets, teak poles and billets of teak, wawa, ceiba, gmelina and papao/apa.

The leading exporters were Samartex Timber and Plywood Company Ltd., Logs and Lumber Ltd., Reagent Industries Ghana Ltd., John Bitar and Company Ltd. and Wular International Company Ltd.

Ghana's exports of wood products (mainly plywood) to Nigeria could be threatened if a pending new regulation from the Nigeria Central Bank is implemented. Nigeria is a major importer of Ghana's wood products particularly plywood.