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Cameroon: Forest-friendly products enjoy 20% export tax reduction
Specifically, for certified cocoa beans, rubber and wood, 20% of their FOB prices are exempt from export duties. This means that exporters only need to pay duties on 80% of the product value, thereby reducing export costs.
According to the Ministry of Finance of Cameroon, this policy aims to combat deforestation by encouraging environmentally friendly practices in cocoa cultivation, rubber production and forestry.
It is worth noting that Cameroon's policy aligns with the preparatory work for the European Union's Deforestation-Free Products Regulation (EUDR). The EUDR stipulates that from December 30, 2025 (or June 30, 2026 if extended), the import and sale of products linked to deforestation will be prohibited, covering areas such as cocoa, coffee, rubber, palm oil, soybeans, beef, and timber. To comply with the EUDR's requirements, the Cameroonian government has taken proactive measures to ensure its export commodities meet the "zero deforestation" certification standards.
Meanwhile, to ensure the smooth implementation of the policy, the Cameroonian government will also strengthen supervision to ensure that exported goods meet relevant environmental protection standards.
The following article is excerpted from the WeChat official account "Wooden Man Timber Market".
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