Wood and furniture got trade surplus of over US$4 billion
Friday, October 5,2018AsemconnectVietnam - Vietnam earned US$5.66 billion from exports of wood and furniture in the first eight months of this year, increased by 14.9 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
Vietnam exported wood and furniture to over 40 countries and territories in the world, leading by the U.S with $2.3 billion, up by 15.29 per cent year – on – year and accounted for 42.2 per cent of the total.
In the first eight months of this year, Vietnam’s exports of wood and furniture to the South East Asian countries increased sharply by 81.44 per cent to $118.4 million; and to the EU countries - $493.1 million, up by 3.23 per cent.
In the first eight months of this year, Vietnam’s exports of wood and furniture to Czech increased sharply by 2.39 times or 139.69 per cent to $1.2 million; but to Kuwait and Hong Kong (CN) decreased sharply by 51.26 per cent and 32.65 per cent to $5.6 million and $4.3 million, respectively year – on – year.
Vietnam’s top 10 export markets of wood and furniture in the first eight months of 2018 - source: VITIC – according to the figures of the General Department of Customs
Market
|
August of 2018 (US$)
|
August of 2018 vs. July of 2018 (%)
|
First 8 months of 2018 (US$)
|
First 8 months of 2018 vs. same period of 2017 (%)
|
The U.S
|
360,048,446
|
8.27
|
2,394,024,544
|
15.29
|
China
|
100,824,287
|
26.64
|
732,109,277
|
3.71
|
Japan
|
108,346,282
|
14.66
|
730,056,286
|
8.79
|
South Korea
|
84,728,119
|
-3.4
|
632,313,400
|
52.77
|
Britain
|
23,802,098
|
8.63
|
188,603,384
|
-0.03
|
Australia
|
20,278,967
|
21
|
121,353,439
|
15.97
|
Canada
|
13,416,957
|
6.64
|
103,640,687
|
1.84
|
France
|
8,471,194
|
-4.07
|
81,272,155
|
24.27
|
Malaysia
|
10,026,519
|
7.82
|
71,688,045
|
115.01
|
Germany
|
5,434,095
|
-2.9
|
64,059,064
|
-10.09
|
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