The performance of the local timber industry in 2015 reflected a significant decline in both production and export sales, mirroring the myriad challenges facing the industry.
Comparative figures compiled by the Guyana Forestry Commission point to a more than US$8 million reduction in export sales last year when compared with 2014. More than that, leaving aside an infinitesimal increase in fuelwood sales, all of the other categories of timber exports realized less foreign exchange earnings last year than in 2014.
According to the GFC figures, timber exports for last year totalled US$45,627,725