September 17, 2020

Annual Report 2019: Processed/Semi-Processed Sub-sector

In 2019, NTE’s earnings from the processed/ semi-processed sub-sector amounted to US$2.455 billion, depicting an increase of 11.15% compared to US$2.208.43 billion earned in 2018. The increase is mainly due to the rise in the performance of cocoa butter, cocoa cake, oil palm fractions (olein) and iron steels and products. The sub-sector remains the major NTE sub-sector with a contribution of 84.66% to the total NTE earnings in 2019.

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