Wood and timber exports nudge up in February

(VOV) - Wood and timber product exports rose 8.4% to US$796 million in the first two months of the year, reports the Ministry of Agriculture and Rural Development (MARD).

The MARD reports the US remains Vietnam’s biggest wood and timber products consumer with US$186.67 million in January, accounting for 30% of the total value.

Major exported products to the US market are chairs, fir beds, tables and wardrobes.

China came second with imported value of US$90.56 million in January, skyrocketing 60.3% compared to the same period last year.

Japan ranked third with imports of US$67.76 million, relatively unchanged when compared to the prior year.

Cumulative wood and timber exports in 2013 reached more than US$5.37 billion, a year-on-year increase of 15.2%.

The Vietnam Timber and Forest Product Association (VIFORES) says that Vietnam aims to export a total US$6-6.2 billion of wood and timber products exports this year.

Vietnam, China, Malaysia and Indonesia are currently the largest exporters to the EU. 

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