Strength Vietnam set a record, at the beginning of the year, it earned nearly 4 billion USD

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Source: vietnamnet.vn

The latest report of the Vietnam Administration of Forestry (Ministry of Agriculture and Rural Development) announced that, in March 2021, the export value of timber and forest products was estimated at 1,524 billion USD.

In the first 3 months of this year, this strength of Vietnam collected 3,944 billion USD, increased 41.5% over the same period. In which, wood and wood products reached nearly 3.7 billion USD, up by 41.5%; non-timber forest products reached $ 243 million, up 38.4%. Trade surplus was over 3.23 billion USD, up by 43.4%.

Strength Vietnam set a record, at the beginning of the year, it earned nearly 4 billion USD
In the first quarter of 2021, Vietnam’s export of timber and forest products increased by 41.5% over the same period last year

Accordingly, the biggest customers of Vietnam’s wood and forest products for export are the US, Japan, China, the EU and South Korea. These markets account for 90% of the country’s total export value of timber and forest products.

In terms of imports, in the three months of 2021, the value of wood imports was estimated at US $ 696 million, up 31% over the same period. The reason is that the price of raw wood in the first months of the year increased, and the import demand also increased over the same period.

The report of the Vietnam Administration of Forestry also stated that in the first three months of this year, this sector has planted 31,498 hectares of forest, equaling 116% compared to the same period in 2020, concentrated in some provinces in the North, North Central and South Central. The set. 17.6 million scattered trees planted, by 177% compared to the same period in 2020.

In addition, as of March 23, 2021, the whole country has collected 825.8 billion VND, reaching 29% of the plan for 2021.



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