Illustrative image (Source: VNA) Hanoi (VNA) – Forestry exports reached 7.08 billion USD in the first eight months of 2019, a year-on-year rise of 18.6 percent.
Wood and timber products grossed 6.66 billion USD in export turnover, according to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development.
Main markets are still the US, Japan, the European Union, China, and the Republic of Korea, making up nearly 80 percent of the total forestry export turnover.
In January-August, Vietnam imported over 1.6 billion USD worth of wood and wood products, a yearly rise of 14 percent, mainly from China, the US, Cambodia, Thailand, Malaysia, Chile, Germany, Brazil, New Zealand, and France.
Vietnam has so far planted more than 135,800 hectares of forest, fulfilling 64 percent of the annual target.-VNA
VNA
