According to the Import-Export Department – Ministry of Industry and Trade, the export of wood and wood products in May 2021 is estimated at 1.4 billion USD, up 80.3% compared to May 2020. In which, the export of wood products is estimated at 1.08 billion USD, up 95.8% compared to May 2020.
In the first 5 months of 2021, the export of wood and wood products is estimated at 6.6 billion USD, up 61.3% over the same period in 2020. In which, the export of wood products is estimated at 5.1 billion USD. , up 79.4% over the same period in 2020.
In the first 4 months of 2021, wooden furniture exports reached 3.68 billion USD, up 80.7% over the same period in 2020, accounting for 70.8% of the total export value of wood and wood products, increasing 9.4 percentage points over the same period in 2020. In which, wooden frame chairs, living room and dining room furniture, bedroom furniture are the main export items accounting for a high proportion.
In addition, in the first 4 months of 2021, there are a number of other exported wood products and wood products such as: wood chips, wood, planks and flooring, wooden doors, fine art furniture, etc. all achieved high growth rates, only wood chips increased slowly. The export value of wood chips in the first 4 months of 2021 reached US$623.3 million, up 6.6% over the same period in 2020.
Main export market
According to statistics of the General Department of Customs, the export value of wood and wood products in April 2021 reached 1.4 billion USD, up 100% compared to April 2020. In the first 4 months of 2021, the export value of wood and wood products reached 5.2 billion USD, up 56.8% over the same period in 2020.
The main export markets for wood and wood products in the first 4 months of 2021 are:
The US market led with a turnover of 3.12 billion USD, up 95.4% over the same period in 2021, accounting for 60%; followed by the Chinese market, with a turnover of 526.70 million USD, up 17.1% over the same period last year, accounting for 10.1%.
The third is the Japanese market, with 472.56 million USD, up 8% over the same period last year, accounting for 9.1%; South Korea was US$239.26 million, up 9.7% over the same period in 2020, accounting for 5.6% and the fifth was the UK market with a turnover of US$92,011 million, up 26.5% over the same period. term 2020…
The Import-Export Department said that most of the wood and wood products exported to the main markets increased in the first 4 months of 2021. In which, the export of wood and wood products to the US market increased very strongly, reaching 3 .12 billion USD, an increase of nearly 100% over the same period in 2020. The proportion of exports to the United States expanded by 11.8 percentage points over the same period in 2020.
Surpassing China, Vietnam became the largest supplier of wooden furniture in the US market.