Vietnam’s wood product exports increased in August 2019

Market: Lumber / Panels / Plywood
Posted October 1, 2019
Vietnam’s exports of wood (especially chips) and wood products in August 2019 continued to rise reaching $935 million, up 8.2% compared to July 2019, according to the General Department of Customs.

Exports of manufactured wood products totalled $671 million in August an almost 6% increase from July. Cumulative export earnings for the first 8 months of 2019 totalled around $6,613 billion, a 17% rise year-on-year, as ITTO reported.

The major export markets were the USA, Japan, China, South Korea and UK. The top 5 markets accounted for around 85% of total exports.

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