Growtech | Exhibition 2020

Wood export in 9 months is approximately 9 billion USD, export surplus is over 6.1 billion USD

2020-10-16 - 1 month ago

According to the General Department of Forestry, data from the General Department of Customs showed that the export value of timber and forest products in September 2020 was estimated at 1.13 billion USD, up 24% over the same period in 2019. Specifically, wood and wood products 1.05 billion USD, NTFPs 77 million USD.

In the first 9 months of 2020, wood export is estimated at 8.97 billion USD, up 12% over the same period in 2019. In which, wood and wood products reached 8.38 billion USD, up 11%, non-forest products wood in 9 months reached 589 million USD, up 26% over the same period in 2019. Trade surplus reached 6,137 billion USD.

Regarding imports, the import value of wood and forest products in September 2020 is estimated at 207 million USD, up 5% compared to September 2019, accumulated in the first 9 months of 2020 is estimated at 1.76 billion USD, down 6, 4% over the same period in 2019.

Statistics show that the main export markets for timber and forest products including the United States, Japan, China, the EU and South Korea, currently account for nearly 89.4% of the total export value of timber and forest products. Meanwhile, the main import markets for timber and forest products are China, the United States, Cameroon, Thailand and Chile, accounting for about 54% of the total value of imported wood and forest products.

 

The accumulated wood export in 9 months still reached approximately 9 billion USD, although it was heavily affected by the Covid-19 epidemic. Photo: TCLN.

Although it is very difficult by the Covid-19, but with positive results after 9 months of 2020, Vietnam's forestry industry is still determined with the goal of exporting wood and forest products by 2020 to reach 12.5 billion USD as the target. , the plan is in place.

At the last wood industry briefing meeting in Binh Dinh, Standing Deputy Minister of Agriculture and Rural Development Ha Cong Tuan highly appreciated the overcoming of enterprises in the first 9 months of 2020 so that the wood industry could have a breakthrough. item. In the context that the export market is affected by the Covid-19 epidemic, Vietnam's wood industry has grown by 12% over the same period, which is an unexpected achievement.

Deputy Minister Ha Cong Tuan emphasized that, from now until the end of the year, there are 3 months left, not long, but with the current growth momentum, the Ministry of Agriculture and Rural Development believes that from now to the end of the year, Vietnam's wood processing industry. South can reach export turnover of about 4 billion USD. Thus, in 2020, the export turnover of Vietnam's wood industry reaching the target of about 12.5 billion USD is very feasible.

According to Mr. Do Xuan Lap, Chairman of the Vietnam Timber and Forest Products Association, in addition to the timely support packages of the Government and the ministries and central branches, it is also thanks to the relentless efforts of businesses.

Last difficult time, businesses operating in the wood industry did not wait for customers to come, but find the market themselves. The supply chain is unbroken, even more developed than in previous years, especially for kitchen cabinets, bathroom cabinets and decorative boards.

 

Vietnam is having great prospects for exporting timber to the EU market after the EVFTA comes into effect. Photo: TCLN.

Besides, according to wood processing and exporting enterprises, the recent difficult times are the driving force to promote the dynamism of enterprises operating in the wood industry. To get orders, many businesses have been sticking to potential markets for months to negotiate.

In the past, wood products for export were mainly outdoor furniture, up to now, businesses operating in the wood industry in Vietnam have identified their strategic products as kitchen cabinets, bathroom cabinets and boards. decorate. The proof is that through the first 9 months of 2020, the two items of kitchen cabinets and bathroom cabinets alone have reached an export value of nearly $ 1 billion, an increase of over 80% over the same period in 2019.

Mr. Do Xuan Lap shared that, in order to quickly turn the advantage into the strength of the Vietnamese wood industry, the Vietnam Timber and Forest Products Association is establishing a branch of kitchen cabinets, bathroom cabinets and decorative boards. This branch will create a chain of links to create a large network connecting businesses step by step to integrate into the global supply chain.

Another opportunity for the Vietnamese wood industry in the coming time is the huge room for the EU market. However, the export value of forest products to this market is still very low, when in 2019, the export turnover of wood and wood products to the EU market is only 864 million USD, accounting for about 5.4%. in the total export turnover of wood and wood products of our country to the world markets, while the demand for wood products and wood products of the EU is up to 85 billion USD annually.

Source: https://nongnghiep.vn

 

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