Vietnam's forestry exports witnessed 45% growth in 2024
Forestry products are the most prominent exports of Vietnam. During the first two months of 2024, Vietnam has reported record sales. According to the latest Vietnam import export data , the country's forestry products exports hit a record 2.8 billion dollars. Vietnam's forestry products are progressing at the rate of 45% annually. In 2023, Vietnam’s overall forestry exports are estimated to be $12 billion. These were mostly wood and its articles. Vietnam export data suggests that over $5.6 billion worth of wood and its articles exports were made during fiscal year 2023. These include wood chips, wood scrap, plywood, bamboo, timber, flooring, laminated wood. During May 2023, the highest amount of wood export shipments were made, and worth was estimated to be $746 million dollars. China, the United States and Japan were the biggest importers of wood articles from Vietnam in 2023. South Korea, Malaysia, India, Taiwan, Indonesia and Thailand were the fastest growing markets for ...