Timber exports set to grow to US$8 billion this year

Mr Quyen reported that exports of wood and timber products are estimated at US$5.51 billion during the first nine months of this year, up 10.9% against the same period last year. If such trade patterns continue, the target for US$8 billion is likely to be achieved.

The US, China and Japan were the three main consumers of Vietnam wood and timber products, making up 70.3% of total export value during the first eight months of this year.