Timber products’ exports to hit US$3.4 billion

Vietnam earned US$165 million from wood and timber products’ exports in the first half of this month, an increase of 7.1 percent over the same period last month.

Wood and timber products’ exports are estimated to hit nearly US$3.4 billion this year, a year-on-year increase of 30.8 percent.

Exports of luxury timber interior furniture to major markets, such as the US, the EU and Japan are growing rapidly. There was also a high increase in exports of outdoor chairs, for which Vietnam producers are particularly renowned.

In addition to traditional markets, such as Australia, the Republic of Korea and China, the US’s future import demands are expected to be huge. – VOV

Tags: Vietnam timber, Vietnam Timber exports

Posted by VBN on Dec 26 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry