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August 10, 2020

African tropical timber exports driven down by pandemic

The rapid spread of the coronavirus has adversely affected West Africa’s export markets, imports, foreign investment, tourism and remittances. Furthermore, the disruption in commodity markets, travel and tourism and country-level lockdowns have slowed economic activity.  The impact of pandemic control measures has hit West African timber producers across the region, coming at a time when demand in the traditional markets, especially in Europe, were already under pressure from lower consumption.  EU imports of tropical sawnwood declined sharply from West Africa in the first four months of 2020; down 22% from Cameroon to 84,500 ...

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