According to the General Department of Forestry (Ministry of Agriculture and Rural Development), the export value of wood and forest products in September 2021 reached USD 821 million, down 8.2% compared to August 2021.
The export value of wood and forest products in September 2021 reached USD 821 million, down 8.2% compared to August 2021. Accumulated 9 months reached 11.97 billion USD, up 31.9% over the same period. In which, wood and wood products reached 11.14 billion USD, up 30.9%; forest products reached USD 832 million, up 46.4% over the same period.
The main export markets for wood and forest products include: the United States, Japan, China, the EU and South Korea. Currently, these markets account for over 90% of the total export value of wood and forest products.
In the opposite direction, the import value of wood and wood products in September 2021 is estimated at 211 million USD; accumulated in 9 months is estimated at over USD 2,275 billion, up 30% over the same period. The main import markets of wood and forest products include China, the United States, Cameroon, Thailand, and Chile, accounting for about 55% of the total value of imported wood and forest products in the past 9 months.
Thus, in the first 9 months of the year, timber and forest products export surplus were estimated at 9.699 billion USD, up 45%.