Vietnam’s timber and wood products exports increased by 6.2% in July 2020

Vietnam’s timber and wood products exports increased by 6.2% in July 2020

According to the Ministry of agriculture and rural development of Vietnam, the export volume of timber and wood products reached 1.05 billion US dollars in July 2020, with a cumulative export volume of 6.09 billion US dollars in the first seven months of the year, up 6.2% year-on-year.

In July 2020, the import volume of wood and wood products reached 198 million US dollars, and the cumulative import value of wood and wood products in the first seven months of the year was about 1.31 billion US dollars, with a year-on-year decrease of 10.3%.

Vietnam’s timber and wood products trade surplus reached 4.78 billion US dollars. The United States, China, Japan and South Korea continue to be Vietnam’s four largest timber and wood products import markets (84% of total exports).

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