Wood and forestry exports surge over nine-month period
VOV.VN - Vietnamese timber and forestry exports during the nine months of the year surged by 31.9% to US$11.97 billion, with these products enjoying a trade surplus of US$9.699 billion, a rise of 45%, according to the Ministry of Agriculture and Rural Development.
Of the figure, the country raked in US$11.14 billion from exporting timber and wood products, representing an increase of 30.9%, while forestry exports reached US$832 million, an annual boost 46.4% compared to the same period from last year.
However, wood and forest exports in September endured a decline of 8.2% to US$821 million compared to the previous month
The nation's major export markets for timber and forestry products include the United States, Japan, China, the EU, and the Republic of Korea, all of which combine to account for over 90% of the total export value.
Furthermore, the import value of timber and wood products during the nine-month period is estimated at stand at over US$2,275 billion, representing a rise of 30% against the same period last year.
The main import markets of these products include China, the US, Cameroon, Thailand, and Chile, accounting for roughly 55% of the total import value in the reviewed period.
