Forestry exports up nearly 19%
14:26 | 28/08/2019

VGP – Viet Nam gained US$1.031 billion from exporting forestry products in August, a year-on-year increase of 16%, raising the total forestry exports in eight months of 2019 to US$7.08 billion, up 18.6% against the same period last year. 

Illustration photo

According to the Forestry Department, under the Ministry of Agriculture and Rural Development, wood and wooden product exports in eight months hit US$6.66 billion, of which the trade surplus was estimated at US$5.402 billion. 

Viet Nam’s five key forestry export markets included the U.S., Japan, the EU, China and the Republic of Korea, making up nearly 80% of the total.

The nation’s wood and wooden product import value in August this year attained US$216 million, bringing the total export value in eight months to US$1.673 billion, a year-on-year increase of 14%. 

10 key wood and wooden product import markets consisted of China, the U.S., Thailand, Malaysia, Chile, Germany, Brazil, New Zealand and France, accounting for 60% of the total.

By Thuy Dung

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