Forestry exports up 14% in nine months

Illustration photo

The export value is equal to 73.77% of the year’s plan and witnessed a year-on-year increase of 14%. 

The forestry sector enjoyed a trade surplus of US$4.97 billion in nine months, including US$4.64 billion from exporting wood. The sector aims to earn US$9 billion from exporting for the whole year. 

The U.S., Japan, the EU, China and the Republic of Korea were the largest importers with the export turnover of US$5.17 billion, accounting for 86.72%. 

These markets also saw high growths over the recent months, such as the U.S. up 15.5%, China up 6.45%, Japan up 10.3%, the RoK up 52.3%, and the EU up 5.06%. 

By Thuy Dung