With a growth rate of nearly 21%, the export value of wood and wood products reached 13.18 billion USD in 10 months, the wood processing export industry is expected to bring in 15.5 - 16 billion USD this year.
The United States is Vietnam's largest consumer market for wood and wood products, accounting for over 50% of the market share. China and Japan are the next two largest markets.
Compared to the same period last year, the export value of wood and wood products to the US and China markets both grew strongly with double digits; only the Japanese market increased slightly. Among the 15 main export markets, the export value of wood and wood products increased the most in Spain with an increase of over 63%.
Seizing the opportunity of the market's positive recovery signals, some major export products have increased quite well, such as wood chips (up nearly 38%), wood and wood products (up over 20%). Associations, unions, and wood and forestry processing enterprises have made efforts and been proactive in production, as well as seeking export markets.
However, Vietnamese wood products exported to the US market will continue to face the risk of facing anti-dumping and anti-subsidy investigations by the US.
According to Mr. Do Xuan Lap - Chairman of the Vietnam Timber and Forest Products Association, the best way to improve the "health" of the wood industry is technical solutions, improving technology in production; towards green production, reducing emissions. At the same time, promoting trade promotion, developing markets, developing designs, improving the quality of Vietnamese wooden furniture. Along with that, there are solutions for business management; in which, prioritizing digital transformation.
Faced with challenges facing the wood processing and export industry, Mr. Tran Quang Bao, Director of the Forestry Department, said that it is necessary to promote, introduce, and promote trade in the wood processing industry, especially through specialized fairs and exhibitions.
In particular, to prepare legal and quality raw materials for the export wood processing industry, the Ministry of Agriculture and Rural Development will continue to implement policies to encourage the development of large timber, timber with sustainable forest management certification, and develop cooperation and linkage in planting production forests associated with the consumption of forest products.
The Ministry of Agriculture and Rural Development is piloting the issuance of raw material forest growing area codes in the provinces of Bac Giang, Lang Son, Phu Tho, Tuyen Quang and Yen Bai. After that, it will be evaluated and replicated on a large scale, aiming to gradually provide timber from legal sources to meet the requirements of the international market, especially the EU's Anti-Deforestation Regulation (EUDR).
According to PV/VTV
Source: https://doanhnghiepvn.vn/kinh-te/xuat-khau-go-du-kien-thu-ve-16-ty-usd/20241203082025235
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