Accordingly, the sector’s total output value increased by 10.89% and exports rose by 10%, exceeding US$7.1 billion.
This is a noticeably high growth rate, as ten years ago the industry growth rate was only about 1-2%.
The high growth is thanks to the strongly growing domestic consumption and exports to foreign markets, forest plantation and production.
Preliminary timber harvested in 2015 was estimated at 8.3 million m3, an increase of 11.9% over the same period last year.
Newly-planted areas reached 244,800 ha, up 10.8% year-on-year, in which newly-planted protective and special-use forests made up 24,900 ha, an increase of 14.6%, while afforestation for commercial forests reached 220,000 ha, up 10.4%.
