The US’s decision to impose high tariffs on a range of Vietnamese exports, including wood products and furniture, is pushing the country’s timber industry to swiftly recalibrate its strategies to sustain growth.
In the face of global trade turbulence caused by sudden tariff changes in the US and shifts in global supply chains, Vietnam’s wood and wood product exports have managed to maintain positive momentum.
VOV.VN - Spain posted the strongest growth in timber and wood product imports from Vietnam among the country’s top 15 export markets during the January-May period, with a year-on-year 64% increase.
VOV.VN - Van Diem carpentry village in Hanoi’s Thuong Tin district is renowned for its exquisite wood products. The village has been recognized by the Hanoi Department of Tourism as a high-end destination.
VOV.VN - This year’s forestry exports are estimated to have climbed to US$17.3 billion, a record high figure, up 19.4% from 2023, according to the Vietnam Administration of Forestry.
VOV.VN - The opening nine months of the year witnessed timber and wood product exports reach US$12.15 billion, up 17.2% year on year, thereby making the products among the country’s top export items.
VOV.VN - Vietnamese timber and wood product exports from January to August 15 surged by 24% to reach US$9.5 billion against the same period from last year, according to the General Department of Vietnam Customs.
VOV.VN - The opening seven months of the year witnessed timber and wood product exports reach US$8.89 billion, up 23.5% year on year, making the products among the top six export items, reported the General Department of Vietnam Customs.
A wide range of wood products and cutting-edge technologies in the wood industry are being showcased at the Binh Duong International Woodworking Machinery Exhibition that opened in the southern province on August 8.
VOV.VN - The United States, China, and Japan continued to make up the three largest importers of Vietnamese agro-forestry-fishery products in the first seven months of the year, according to the Ministry of Agriculture and Rural Development (MARD).