Vietnam targets US$15 billion in forestry exports in 2021

13/04/2021 17:09 9

Vietnam targets US$15 billion in forestry exports in 2021


NDO – The wood and forestry industry is fully capable of reaching export revenue of US$15 billion in 2021 thanks to strong growth from the beginning of this year, Permanent Deputy Minister of Agriculture and Rural Development Ha Cong Tuan has said in an interview granted to Nhan Dan Online.

Deputy Minister Ha Cong Tuan: 2020 concluded with many difficulties, especially for the processing and export of wood and forestry products due to the serious impact of the COVID-19 pandemic on the entire economy.

According to the Vietnam Administration of Forestry, the export of wood and forestry products was estimated at US$3.944 billion in the first quarter of 2021, up 41.5% over the same period last year, including US$3.699 billion worth of export revenue of wood and wood products, up 41.5%, and US$243 million worth of other forestry products, up 38.4%. Main export markets of Vietnam are the US, Japan, China, the EU, and the Republic of Korea which account for 90% of Vietnam’s total export revenue of wood and forestry products.

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