Source: kinhtenongthon.vn
According to the General Department of Customs, in 2024, the export value of wood and wood products reached 16.3 billion USD, up 21% compared to 2023. Of which, the export value of wood products reached 11.3 billion USD , an increase of 22% compared to 2023. Thus, the export of wood and wood products in 2024 surpassed the record of 2022 (US $ 16 billion, of which wood products were 11 billion USD) to establish a century. The new continent for export turnover of this group.
If compared with the old record number set in 2022, the wood export turnover in 2024 exceeded US $ 500 million. Along with wood and forest products in addition to wood also contributed US $ 1.04 billion in 2024, helping the total export value of the whole forest product industry reached about 17.3 billion USD.
The Import and Export Department (Ministry of Industry and Trade) assessed that the achieved results of wood export and wood products in the past year, first of all, thanks to the efforts of businesses in the wood industry such as actively searching the market, Participate in the exhibition and conversion from export processing to designing new designs, improving product quality.
In addition, consumption of wood exports and wood products in large markets such as the United States and Europe, especially in the US market, has created opportunities for the wood industry to accelerate exports. Inventories from previous years have been resolved, also promoting new import needs of these markets. As a result, the market share of Vietnam’s wooden furniture is tending to increase in the main import markets worldwide.
Along with that, the world’s largest wooden furniture import market is the EU tend to increase the import of wooden furniture from foreign markets due to products from foreign countries, especially from Chau. Asia, the price is lower than the EU domestic production. Countries outside the bloc provide many models, styles and rich materials. Some countries, including Vietnam, have developed a sustainable supply chain and have international certification such as FSC, meeting the EU requirements. Vietnam’s wooden furniture products are increasingly interested by EU consumers even though Vietnam’s market share in this market is still modest (2.1% in 9 months of 2024).
The Department of Forestry, the Ministry of Agriculture and Rural Development evaluated the prospect of wood export and wood products in 2025 were forecasted positively, with the goal of exporting about US $ 18 billion.
However, according to Mr. Tran Quang Bao, Director of Forestry Department, Ministry of Agriculture and Rural Development, the green factor will be one of the great impacts on Vietnam’s wood export trend in the long term, when many regulations of the towns The school is being implemented and implemented as the anti -deforestation regulations (EURR) or the European Carbon border adjustment mechanism.
Therefore, many experts believe that, In addition to building high -tech processing zones, expanding export market share, proactively promoting timber and wood products in the main markets, selling sales through e -commerce channels and branches Wood needs to be more interested and invest in raw material areas. Specifically, it is to develop more than large timber growing forests, sustainable management forests and certification (FSC or PEFC).
