According to Vietnam’s Ministry of Agriculture and Rural Development, the export value of wood and wood products in May 2021 was estimated at US$1.4 billion, bringing the export value of wood and wood products in the first five months of 2021 to US$6.6 billion, up 61.3% compared to the same period in 2020.
The United States, China, Japan and South Korea – the 4 biggest export markets for Vietnam’s wood and wood products in the first four months of 2021 – accounted for 84.9% of the total export value of wood and wood products.
In the first four months of 2021, the export value of wood and wood products increased in most markets, except for Korea (-0.5%).
