Ghana’s wood products exports in the first seven months of this year totalled 228,387 cubic metres and earned Euro 130,732 million. Compared to the same period last year the performance in up to July recorded a 10% increase in export volumes and a 24% increase in export earnings.
The leading export products up to July were air-dry sawnwood (60%), kiln-dry sawnwood (13%), plywood to regional markets (9%), roundwood billets (8%) and sliced veneer (4%) with other wood products accounting for the remaining 6%.
Export shipments of wood products from Ghana were largely to the Asian markets which accounted for 72% followed by African regional markets (12%) and Europe (11%).
The Middle East and America accounted for the balance. It was only the Asian markets where an increase in exports was achieved.
January-July 2015 | January-July 2016 | Y-on-Y | |||
m3 | % | m3 | % | Change % | |
Asia | 121,578 | 58.7 | 164,769 | 72.2 | 13.4 |
Europe | 25,829 | 12.5 | 25,363 | 11.1 | -1.4 |
Africa | 40,784 | 19.7 | 26,599 | 11.6 | -8 |
America | 13,007 | 6.3 | 7,549 | 3.3 | -3 |
Middle East | 5,853 | 2.8 | 4,08 | 1.8 | -1 |
Total | 207.051 | 228.36 |