Timber and wood product exports gross US$9.5 billion by mid-August

VOV| 26/08/2024 12:26

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.

Of the figure, wood products earned US$6.5 billion, accounting for 68% of the total proportion and representing a rise of 23% against the same period from last year.

Statistics indicated that Vietnam's major export markets witnessed positive growth compared to the same period from last year.

The United States made up the country’s largest export market with turnover increasing by 25.9% on-year to US$4.88 billion during the seven-month period; followed by China with US$1.2 billion, up 39% on-year; Japan with US$961 million, up 1.4%; and the Republic of Korea with US$452 million, up 2.1%.

Meanwhile, Vietnamese wood and wood product exports to Canada raked in US$133 million, up 25%; whilst exports to the UK reached US$124 million, up 17.8%.

Along with export markets with turnover exceeding US$100 million, the country earned US$90.7 million from wood and wood exports to Malaysia, up 12.8% on-year. This also made up the only market in the ASEAN bloc to rank among Vietnam’s top 10 export markets during the seven-month period.

Elsewhere, Vietnamese timber and wood exports to Australia, India, and France reached US$86 million, US$84.4 million, and US$63.7 million, marking year-on-year increases of 14.6%, 65.8%, and 12.9%, respectively.

According to insiders, there is positive outlook ahead for the wood industry with wood and wood products exports reaching US$14.2 billion this year, up 6% compared to 2023.

Theo vov.vn
https://vov.vn/en/economy/timber-and-wood-product-exports-gross-us95-billion-by-mid-august-post1116813.vov
Copy Link
https://vov.vn/en/economy/timber-and-wood-product-exports-gross-us95-billion-by-mid-august-post1116813.vov
    • Clean for a better tomorrow
      "Cleaning Hoàn Kiếm Lake with Ninomiya" is a group of volunteers who clean up litter from Hoàn Kiếm Lake every Sunday morning. Inspired by the action of Tohru Ninomiya, who started this activity over 10 years ago, many banded together to act and spread this model to other areas.
    • Banning motorbikes - a complex issue
      Hà Nội is facing a serious problem because of polluted air and traffic congestion. Authorities plan to limit motorbikes in inner districts after 2025 and them gradually ban reduce the number of bikes on the roads from 2030. Are motorbikes the problem? Will this help ease congestion? Watch our video and tell us your comments.
    • Expo helps promote traditional medicinal materials, products in HCM City
      Over 425 booths and 300 businesses and organisations, both local and international, participated in the 2nd National Medicinal Materials, Traditional Medicine and Medicinal Products Fair 2024 (VIETRAMED EXPO 2024), held at HCM City's Saigon Exhibition and Convention Center (SECC) in District 7.
    • Việt Nam scores success on organ transplants, needs more donors
      Việt Nam became the first country in Southeast Asia to successfully perform a limb transplant and a small intestine transplant from a living donor, making it one of only 22 countries world-wide capable of performing small intestine transplants in 2020.
    • Nguyễn Siêu school: a decade of excellence and global integration
      Nguyễn Siêu Secondary and High School celebrated 10 years of implementing the Cambridge programme and honoured teacher Nguyễn Trọng Vĩnh, the founder of the school, who has recently been awarded the title People’s Teacher.
    • Việt Nam highlights progress in implementing UN Convention Against Torture
      Việt Nam reaffirmed its commitment to human rights and compliance with the Convention Against Torture (CAT) at a workshop held in Hà Nội on November 22, which introduced the country’s Second National Report on the implementation of the Convention.
    Highlighted VietBao
    Don't miss
    Timber and wood product exports gross US$9.5 billion by mid-August
    POWERED BY ONECMS - A PRODUCT OF NEKO