Exporting wood brings more US$1.64 billion

Exporting wood and wood products have impressive growth rate. Source: Internet

According to the General Department of Vietnam Customs, in the first half of December, export turnover of wood and wood products reached $618 million, of that wood products hit $480 million.

From the beginning of the year to December 15, the export of this group reached $11.64 billion and wood products contributed more than $8.95 billion.

Compared to the same period in 2019, turnover of wood and wood products increased by $1.64 billion, equivalent to 16.4%. This is one of the key export commodity groups that maintain an impressive growth rate in the volatile year of 2020.

The US, Japan, and China were the main export markets of this group.

The update of the General Department of Vietnam Customs by the end of November showed the export turnover of wood products to the US market reached $6.37 billion, up 34% from the same period last year; Japan reached $1.16 billion, down 1.6%; China reached $1.08 billion, up 3.8%.