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Sunday- 00:55, 14/02/2021

Wood exports set a new record of more than US$1 billion

In the first month of 2021, while exports of many agricultural products faced difficulties due to the shortage of containers, wood exports continued to grow strongly and reached over US$1 billion.
Processing wooden furniture for export at Scansia Pacific Company. Photo: Scansia Pacific.

Processing wooden furniture for export at Scansia Pacific Company. Photo: Scansia Pacific.

According to the General Department of Vietnam Customs, the export value of wood and wooden products in January 2021 reached US$ 1.34 billion, an increase of 59.2% in comparison with the same period last year. In which, exports of wooden products are estimated to be US$ 1.064 billion, a 72.4% increase in comparison with January 2020.

Therefore, this is the first time exports gained by the wood industry in the first month of the year have surpassed US$ 1 billion. The previous record number was US$ 993 million in January 2019.

The exports of US$ 1.34 billion also set a new record for the highest monthly export value in the wood industry. The previous one was US$ 1.339 billion, set in December 2020.

January 2021 is the 7th consecutive month that exports of the wood industry have reached over US$ 1 billion. This indicates a very promising start for wood exports to reach the target of US$ 14 billion this year.

Author: Thanh Son

Translated by Thu Hang

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