Timber exports, by contrast, represented only about 5% of export revenues in 2000.

At that time, the company was engaged in logging and timber exports in addition to its core rice milling and saw milling business.

Not only cocoa production but even diamonds and timber exports had dropped dramatically.

By the 1880s the company was making more money from timber felling and timber exports than from farming.

The government later extended the list and imposed high duties on other species, planning to phase out log and air-dried timber exports altogether by 1994.