WOOD EXPORTS EYE GROWTH REGARDLESS OF DIFFICULTIES

According to the General Department of Customs, in July 2020, the export turnover of wood and wood-based products reached nearly USD 1.3 billion, up 19.1% over June.

Particularly, the items made from wood fetched more than USD 900 million of value, up more than 18% as compared to the previous period. In the past 7 months, the wood and wood-based products brought a total turnover of roughly USD 6.2 billion, increasing 7.6% year-on-year. The wood-produced items earned a turnover of more than USD 4.5 billion, recording a growth of over 10%. In the context the country’s export turnover in the first 7 month only rose by 15%, the encouraging results of wood and wood-based products has manifested the strong efforts of the whole sector. At present, the wood and wood-produced items of Vietnam have been exported to countries and territories all over the world, of which, the U.S market makes the largest occupation of more than USD 3.3 billion, making up more than 53% of export turnover of the whole country in this location./.