Nation tops Southeast Asia’s wood export market
(VOV) - Vietnam has become the largest wood exporter in Southeast Asia, earning US$4 billion over the past ten months of 2012.
According to the Ministry of Industry and Trade (MoIT), the value of wood exports have steadily increased from US$ 1 billion in 2004, to US$3.9 billion in 2011, and US$4 billion in the first ten months of 2012. Vietnam is now the sixth biggest timber and wood product exporter in the world and the second biggest in Asia.
The high quality of Vietnamese wood products has deservedly attracted the attention of the US and Japan, says the MoIT.
The Greek market is expanding its Vietnamese timber imports the fastest, increasing import value by 579.04 percent. Greece is followed by the markets in Thailand (121.66 percent) and Saudi Arabia (85.58 percent).