Vietnam earns 6.15 billion USD from wood exports

November 7, 2017

The export turnover of Vietnamese wood and wooden products is estimated at 6.15 billion USD since the beginning of this year, up 10.1 percent year on year.

According to the Ministry of Agriculture and Rural Development, the US, China, and Japan were the biggest importers of Vietnamese wood and wooden products.

In the period, markets posting high growth rates included the US (18.8 percent), Canada (15.1 percent), the Republic of Korea (11.1 percent) and China (9.1 percent).

Experts said that the goal of 8 billion USD in wood exports this year is feasible as the main season for wood exports is the last three months of the year.

Vietnam imports a large amount of wood materials worth 1.7-1.8 billion USD annually, equivalent to about 20-30 percent of export turnover.

Source : Vietnamplus

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