Based on various commodity reports, over the three years between 2000 and 2003, West New Britain province exported on average 61 percent of PNG’s palm oil volumes or earned 59 percent of palm oil export revenue, an average of 23 percent of PNG’s volumes of logs or 22 percent of export revenue from logs, and on average 1.5 percent of total cocoa volumes or 1.5 percent of cocoa export revenue.
It is important that producers and exporters continue to make use of this ‘window of opportunity’, with better commodity prices and stable economic conditions. This will ensure sustainability of the current improved macroeconomic environment. BIS Review 55/2004  3  The Board and staff are looking forward to the visit to the palm oil factory tomorrow to obtain first hand information on its operations.