Wood export turnover this year is expected to reach a record high of nearly US$12.5 billion despite the COVID-19 impact, as well as risks from export markets and the country’s policy changes in controlling the legality of imported wood materials.

VOV.VN - The nation’s timber and wood exports during the initial seven months of the year enjoyed a surge of 6.2% to US$6.09 billion against the same period last year, according to figures released by the Ministry of Agriculture and Rural Development.

VOV.VN - With the impending European Union-Vietnam Free Trade Agreement (EVFTA) poised to come into force in August, the country’s timber and wood exports to the EU are projected to enjoy greater breakthroughs due to the launch of preferential tariffs.

VOV.VN - Vietnam raked in US$5.04 billion from exporting timber and wood products during the first six months of the year, representing an annual increase of 29.8%, according to statistics released by the General Department of Vietnam Customs.