Republic of Congo - Forestry SectorRepublic of Congo - Forestry Sector
Overview
Eighty percent of the Republic of Congo’s 22.5 million hectare rainforest is commercially viable. The rainforest covers about 60% of the country’s total area. Timber is the Republic of Congo’s second main export after oil. Okoume, a light hardwood used for plywood, is the most commercially active (accounting for about 50 % of production), but some two dozen species can be marketed. Crude logs make up to 90% of timber exports; the remainder is processed woods, mainly plywood. China buys 90% of Congo’s forestry sector exports.2014 | 2015 | 2016 | 2017 (Estimated 1st semester) | |
---|---|---|---|---|
Total Local Production | 1,606 | 1,556 | 1,608 | 855 |
Total Exports | 790 | 703 | 724 | 386 |
Total Imports | _ | _ | _ | _ |
Imports from the US | ||||
Total Market Size | 816 | 853 | 884 | 469 |
Exchange Rates | 493.53 | 591.42 | 592.44 |
Data sources: Republic of Congo Ministry of Forestry and Ministry of Economy
total market size = (total local production + imports) - exports