Wood industry enterprises boost production and export

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According to statistics from the Thanh Hoa Department of Industry and Trade, in the first quarter of 2024, exports through informal channels and businesses outside the province were estimated at US$13.1 million, an increase of 23.4% compared to the same period last year and reaching 21.9% of the plan. Of this, wood chip exports reached 131,000 m³, an increase of 76.8% compared to the same period last year.

To boost sales, many businesses are focusing on diversifying their products, investing in technology to shift production towards new items; at the same time, they are reducing operating costs and lowering prices to attract more orders from new markets, and signing small orders to maintain stable production.

Economic experts predict that the difficulties facing the wood industry will continue throughout 2024 due to decreased global consumer demand and the tightening of trade protection measures by many countries to safeguard domestic products. Therefore, relevant departments and agencies are continuing to support businesses in trade promotion, creating favorable conditions for wood industry enterprises to seek and expand markets.

Source: THNM News on May 18

Source: https://truyenhinhthanhhoa.vn/thanh-hoa-doanh-nghiep-nganh-go-day-manh-san-xuat-va-xuat-khau-180240517201658754.htm