May 08, 2015. /Lesprom Network/. Guyana’s earnings from wood product exports increased during the 1Q 2015 to $12.3 million compared to $8.2 million in the same period last year, ITTO reported.
Sawnwood exports in the 1Q 2015 amounted to $4.9 million as compared to $4.2 million in the 1Q 2014, which reflects an increase of 16%.
Exports of processed roundwood (piling, transmission poles and posts) as well as charcoal contributed to the overall increase in export earnings.
In contrast to the improvement in export earnings detailed above, plywood exports fell in the 1Q, dropping to $200,000 compared to the $400,000 in 2014.
Guyana’s exports of roofing shingles contributed just $300,000 to 1Q 2015 earnings compared to the $400,000 sold in the same period in 2014.
The main export destinations during the 1Q include Europe, Middle East, North America, Oceania and other South American countries. Guyana’s Forest Products Development and Marketing Council continues to encourage downstream processing of high value wood products.
