Vietnam earns US$6.15 billion from wood exports

The export turnover of Vietnamese wood and wooden products is estimated at US$6.15 billion since the beginning of this year, up 10.1% 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.

Vietnam has earned about US$6.15 billion from the export of wood and wood products since the beginning of 2017 
In the period, markets posting high growth rates included the US (18.8%), Canada (15.1%), the Republic of Korea (11.1%) and China (9.1%).

Experts said that the goal of US$8 billion 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 US$1.7-US$1.8 billion annually, equivalent to about 20%-30% of export turnover.

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