Exports of wood and wood products soars 50.5% in first four months

Export revenue from wood reached US$1.2 billion in April, bringing the value of wood and wood products exported to US$4.99 billion in the first four months of 2021, a year-on-year increase of 50.5%.

The exports of wood and wood products increase 50.5% in first four months. (Photo: laodong.vn)
The exports of wood and wood products increase 50.5% in first four months. (Photo: laodong.vn)

The information was released by the Ministry of Agriculture and Rural Development.

Currently, the United States, China, Japan, and the Republic of Korea are the four largest wood importers, accounting for 87.1% of the total export revenue.

During the first months of this year, Vietnam’s wood shipments increased in almost all markets, except Chinese Taipei (down 0.1%) and the UK (down 0.7%).

Regarding imports, Vietnam saw US$250 million in wood imports in April, bringing the import revenue of wood and wood products to US$978.8 million in the first fourth months, up 33.6% over the same period last year.

Specifically, the import of wood and wood products from China and the US accounted for 31.8% and 11.9%, respectively.