Experts in the wood industry noted that, major export markets have shown positive growth compared to the same period last year.
The US, Vietnam's largest importer of wood and wooden products, saw a 25.9% rise in export value, reaching over 5.5 billion USD in the first eight months. It was followed by China and Japan with 1.2 billion USD and 961 million USD.
The wood sector is witnessing promising export signals, driven by advantages such as a highly skilled workforce, abundant wood material supplies, and the ability to produce traceable and legally sourced wood products.
The Ministry of Agriculture and Rural Development aims to reel in 14.2 billion USD, from wood and woodwork exports this year, an annual increase of 6%, with 67% of the target fulfilled thus far.
According to experts, to capitalize on market opportunities and advantages in the remaining months, the wood industry should further enhance its competitiveness, especially amid the recent uncertainties of the global economy./.
