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Vietnam's wood products export target of US $15 billion in 2021

2021-4-17 17:44 | Publisher:大香蕉美女直播: admin | see: eighty | Comments: 0 | From: China Wood Industry Network

abstract People's daily of Vietnam (b) á o Nh â n D â n) On April 13, 2021, the news was published to the Vice Minister of agriculture and rural development, he Gongjun (H à C ô According to the excellent performance of China's timber and forestry industry so far this year, we are very confident that we will have a good performance in the whole year

(China Wood industry network )Vietnam people's daily (b á o Nh â n D â n) On April 13, 2021, the news was published to the Vice Minister of agriculture and rural development, he Gongjun (H à C ô Ng Tu ấ n), the minister said that in view of the excellent performance of China's timber and forestry industry so far this year, it will be very confident that the total export volume of the whole year will exceed 15 billion US dollars.


Asked about the assessment of his country's forest industry in 2021, he Gongjun said that despite the adverse effects of the new coronavirus pneumonia pandemic (covid-19 pandemics) in 2020, Vietnam's total exports of forest products still increased by 19.7% compared with that in 2019, reaching US $13.23 billion. This is largely due to the Vietnamese enterprises' timely adoption of more advanced technology, improved production conditions and made the products more competitive at home and abroad. In 2021, the impact of NCP will continue to exist. Other risks include timber sources, anti commercial fraud and tariff sanctions.

Tropical timber imported from Vietnam


He Gongjun also said that Vietnam's timber and wood products export target in 2021 is the same as that in 2020, which is still 15 billion US dollars. The biggest risk faced by domestic enterprises and the urgent problem to be solved is the source of imported timber. Vietnam needs to be more strict in this aspect of management to ensure sustainable forest management. In addition, Vietnam's domestic enterprises also need to improve the digital technology in the field of wood circulation and production. The government should also provide better land lease conditions to improve the processing and export capacity of enterprises.


In the first quarter of 2021, Vietnam's exports of timber and forest products amounted to US $3.944 billion, including US $3.699 billion of timber and wood products, an increase of 41.5% over the same period in 2020, making Vietnam the second largest exporter of wood products in Asia. In 2020, the value of Vietnam's timber and forest products exported to the United States was 7.412 billion US dollars, an increase of 34.7% compared with that in 2019; In the first quarter of 2021, exports of such goods to the United States increased significantly by 37% compared with the same period in 2020. Vietnam's timber and wood products export target in 2025 is US $20 billion.


According to the market report of International Tropical Timber Organization (ITTO), the data released by the General Administration of Customs of Vietnam in March 2021 shows that the export of indoor furniture made in Vietnam shows a significant growth, of which the export value in February is 206 million US dollars, an increase of 26% compared with the same period in 2020, and the total export volume in the first two months is as high as 507 million US dollars, which is 50% higher than that in the same period of 2020. The United States, the European Union and Japan are the top three destination countries of Vietnamese interior furniture export.


Fraxinus logs and boards in European countries


Vietnam has been the largest buyer of ash timber in EU countries since 2021. In the first two months of this year, the total import volume reached 103300 cubic meters, worth 24.3 million US dollars, up 48% and 61% respectively compared with the same period in 2020. In January 2021, the price of Fraxinus logs imported from the European Union was $235 per cubic meter, down 3% from December 2020, but 10.5% higher than that in January 2020.


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