First half 2014 wood product exports were worth US$21.8 mil. while first half 2103 exports totaled US$16.9 mil. Exports of seven products account for over 90% of Guyana's international trade in wood products which grew by 51% in 2014 compared to the first half of 2013.
Log exports rose 80% and account for over 70% of all wood product exports. A significant improvement was recorded in exports of wallaba poles and posts, mainly to Caribbean markets. Sawnwood exports in the first half of 2014 were higher than in the same period in 2013 but only by a small margin.
Of the wide range of added value products exported, wooden doors and mouldings contributed the most to first half 2014 export earnings.
Data for the main products exported are shown below.
|First half 2013||First half 2014||Change in %|
Source: Guyana Forestry Commission