Vietnam's wood, woodwork export up in 8 months

Source: Xinhua| 2020-09-07 12:15:54|Editor: huaxia

HANOI, Sept. 7 (Xinhua) -- Vietnam exported more than 7.3 billion U.S. dollars of wood and wood-based products in the first eight months of this year, up 9.6 percent against the same period last year, according to the Vietnam Administration of Forestry on Monday.

Major export markets of Vietnamese wood and wood-based products in the eight-month period included China, the European Union, Japan, the United States and South Korea.

In August alone, the country reaped nearly 1.2 billion U.S. dollars from exporting wood and wood-based products, surging 21.7 percent on-year.

Vietnam aims to gain 12.5 billion U.S. dollars from exporting wood and wood-based products in 2020, according to a recent report by daily newspaper Lao Dong (Labor), which cited data from the administration.

Between January and August, Vietnam spent over 1.5 billion U.S. dollars to import wood and wood-based products, posting a decline of 8.8 percent on-year, according to the administration.

The country earned 10.5 billion U.S. dollars from exporting wood and woodwork in 2019, up 18.2 percent on-year with its biggest markets being the United States, Japan and China. Enditem

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