Forestry export expected to hit record 11.3 billion USD in 2019

  • Photo: A production line at the Woodsland Joint Stock Company in the northern province of Tuyen Quang. VNA Photo: Quang Đán
    Photo: A production line at the Woodsland Joint Stock Company in the northern province of Tuyen Quang. VNA Photo: Quang Đán
  • Photo: A wood processing factory of the Da Lat Forestry Product Exploitation and Processing Co. Ltd in the Central Highlands province of Lam Dong. VNA Photo: Vũ Sinh
    Photo: A wood processing factory of the Da Lat Forestry Product Exploitation and Processing Co. Ltd in the Central Highlands province of Lam Dong. VNA Photo: Vũ Sinh
  • Photo: A wood processing factory of the Da Lat Forestry Product Exploitation and Processing Co. Ltd in the Central Highlands province of Lam Dong. VNA Photo: Vũ Sinh
    Photo: A wood processing factory of the Da Lat Forestry Product Exploitation and Processing Co. Ltd in the Central Highlands province of Lam Dong. VNA Photo: Vũ Sinh
  • Photo: A production line at the Woodsland Joint Stock Company in the northern province of Tuyen Quang. VNA Photo: Quang Đán
    Photo: A production line at the Woodsland Joint Stock Company in the northern province of Tuyen Quang. VNA Photo: Quang Đán
The forestry sector expects to earn an estimated 11.3 billion USD from exports this year, a year-on-year rise of 20 percent, the highest growth rate in the sector’s history. The sector is also expected to enjoy a trade surplus of approximately 8 billion USD. Vietnam’s forest products have been exported to over 140 countries and territories worldwide. The country’s main export markets include the US, Japan, China, the European Union, and the Republic of Korea. There are over 4,500 firms operating in wood and forest product processing, of which over 1,800 firms are directly involved in export activities. VNA Photo

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