Thursday, 18 July 2019 09:31 GMT

Vietnam's exports of wood, woodwork rises in 4 months

(MENAFN) Vietnam has gained over USD3.1 billion from exporting wood and wood-based products, mainly wooden furniture, in the first four months of this year, seeing a year-on-year increase of 17.8 percent.

Last month, the country made wood and woodwork export revenue of USD850 million, surging 22.5 percent, mainly exporting to the United States, Japan, China, South Korea and the European Union.

The surge in earnings was due to bigger global demand and higher export value compared to last year, as the country earned nearly USD8.9 billion from selling the products overseas in 2018, up 15 percent against 2017.

Vietnam currently has about 4,700 wood processing enterprises, mainly in the southern region, of which nearly 1,900 specialize in making products for export.


Vietnam's exports of wood, woodwork rises in 4 months


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