Cameroon Cocoa Exports Dropped 43% in June, Commodity Groups Say

Cocoa exports from Cameroon, Africa’s fourth-largest producer of the crop, fell 43 percent in June, one month from the end of the season, according to the country’s Cocoa and Coffee Board and the Cocoa and Coffee InterProfessional Board.

Exports for the period dropped to 3,169 metric tons from 5,547 tons a year earlier, the two institutions said in an e- mailed report the commercial city of Douala yesterday.

CAMACO was the biggest exporter with 1,154 tons, followed by OLAM CAM with 828 tons. CAQPRO was the third-biggest exporter of seven with 301 tons, the report said.

A total of 170,441 tons of cocoa has been exported since the start of the season, compared with 193,851 tons shipped in the previous year, according to the report.

To contact the reporter on this story: Claudia Maedler in Dubai at cmaedler@bloomberg.net

To contact the editor responsible for this story: Claudia Maedler at cmaedler@bloomberg.net

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