Proactively adapting, wood exports aim for 18 billion USD
Tuesday, April 15,2025
AsemconnectVietnam - Earning nearly 4 billion USD in exports in the first quarter of 2025, wood and forestry industry proactively adapts to market requirements, aiming for sustainable development.
Enterprises have received orders until the end of third quarter of 2025
According to a report from Ministry of Agriculture and Environment, export value of wood and wood products in March 2025 is estimated at 1.5 billion USD, bringing total export value of wood and wood products in the first quarter to 3.95 billion USD, up 11.6% over the same period in 2024.
The United States is Vietnam's largest consumer market for wood and wood products, accounting for 53.1% of market share. Japan and China are the next two largest markets with market shares of 13.2% and 10.6%, respectively.
Compared to the same period last year, export value of wood and wood products in the first two months of 2025 to the US market increased by 9.5%, Japanese market increased by 21% and Chinese market decreased by 15.2%. In a group of 15 largest export markets, export value of wood and wood products increased the most in Indian market with an increase of 95.9% and decreased the most in the Dutch market with a decrease of 45.1%.
In 2025, the world political and economic situation is forecasted to continue to have many complex fluctuations affecting domestic and foreign commodity markets. Therefore, although some initial positive results have been achieved, compared to export target set for the whole year, it requires breakthrough solutions and efforts from business community.
Speaking to reporters of Industry and Trade Newspaper, Mr. Nguyen Thanh Lam - CEO of Lam Viet Joint Stock Company - said that currently, the US market accounts for 50% of the company's revenue. Regarding tariff policy of the US administration, the company is very confident and hopeful about the Government's negotiations.
"Everything is still normal, currently the US market accounts for about 50% of total revenue. We have also received orders until the end of September, including customers until the end of the second quarter and customers until the end of the third quarter of 2025," Mr. Nguyen Thanh Lam informed.
In addition, the company has also negotiated with customer partners and agreed to share risks. At the same time, the company is also aiming for online export, reducing intermediaries. It is expected that in April, 3 containers of goods will be exported and tested for sale on the Amazon e-commerce platform.
According to Mr. Nguyen Thanh Lam, wood industry enterprises have been promoting market diversification for many years, including markets such as the UK, EU, Australia, Japan, Korea, etc. and are tending to open markets to the Middle East.
Proactively adapting, aiming for sustainable development
In recent times, Vietnamese wood processing industry has been affirming its solid position on global trade map, not only with impressive export turnover but also thanks to strong and sustainable development. From a country that mainly exports raw materials, Vietnam has risen to become one of the world's leading centers for production and supply of wooden furniture and interiors.
However, wood industry is facing major challenges such as impact of Covid-19 pandemic, international political tensions, etc., requiring a timely response strategy.
In order for Vietnamese wood industry to develop, Mr. Vo Quang Ha - Chairman of Tan Vinh Cuu Joint Stock Company (Tavico) - recommended that wood industry must equip itself with a new mindset to adapt to current difficulties. Going "two legs" in parallel with both the domestic and export markets, while repositioning the market, products, and raw material sources is what needs to be done at this time. On the part of the authorities, it is necessary to analyze competitive advantages of each locality, identify each type of raw wood for each type of product.
Forestry and forest protection sector set a target of 18 billion USD in wood and forest product export turnover in 2025, aiming for 25 billion USD by 2030. In particular, forestry sector sets a target of developing in association with green growth by 2030, with 100% of forest areas certified for sustainable forest management; 20% of natural forest areas upgraded in quality.
For wood and forest product processing and trading, prioritize use of modern, automated, specialized equipment to create high value-added products. Develop high-quality human resources, upgrade facilities... At the same time, prioritize development of wood trading centers, build an international wood product trading center, and open the market. Currently, Ministry of Agriculture and Rural Development (now the Ministry of Agriculture and Environment) has issued a full set of decrees, circulars and regulations to comply with international regulations on wood, wood products, and non-timber forest products, developing in association with green growth, low emissions, and environmental protection.
In addition, Vietnamese wood industry has been standardizing quality to meet international standards such as the Lacy Act (USA), Anti-Illegal Logging Act (Australia), the Clean Wood Act (Japan), the Sustainable Wood Use Act (Korea) and European Union's regulations on deforestation. These efforts will help the wood and forestry industry not only develop but also contributes to the goal of reducing emissions and protecting the environment.
Source: Vitic/ congthuong.vn
According to a report from Ministry of Agriculture and Environment, export value of wood and wood products in March 2025 is estimated at 1.5 billion USD, bringing total export value of wood and wood products in the first quarter to 3.95 billion USD, up 11.6% over the same period in 2024.
The United States is Vietnam's largest consumer market for wood and wood products, accounting for 53.1% of market share. Japan and China are the next two largest markets with market shares of 13.2% and 10.6%, respectively.
Compared to the same period last year, export value of wood and wood products in the first two months of 2025 to the US market increased by 9.5%, Japanese market increased by 21% and Chinese market decreased by 15.2%. In a group of 15 largest export markets, export value of wood and wood products increased the most in Indian market with an increase of 95.9% and decreased the most in the Dutch market with a decrease of 45.1%.
In 2025, the world political and economic situation is forecasted to continue to have many complex fluctuations affecting domestic and foreign commodity markets. Therefore, although some initial positive results have been achieved, compared to export target set for the whole year, it requires breakthrough solutions and efforts from business community.
Speaking to reporters of Industry and Trade Newspaper, Mr. Nguyen Thanh Lam - CEO of Lam Viet Joint Stock Company - said that currently, the US market accounts for 50% of the company's revenue. Regarding tariff policy of the US administration, the company is very confident and hopeful about the Government's negotiations.
"Everything is still normal, currently the US market accounts for about 50% of total revenue. We have also received orders until the end of September, including customers until the end of the second quarter and customers until the end of the third quarter of 2025," Mr. Nguyen Thanh Lam informed.
In addition, the company has also negotiated with customer partners and agreed to share risks. At the same time, the company is also aiming for online export, reducing intermediaries. It is expected that in April, 3 containers of goods will be exported and tested for sale on the Amazon e-commerce platform.
According to Mr. Nguyen Thanh Lam, wood industry enterprises have been promoting market diversification for many years, including markets such as the UK, EU, Australia, Japan, Korea, etc. and are tending to open markets to the Middle East.
Proactively adapting, aiming for sustainable development
In recent times, Vietnamese wood processing industry has been affirming its solid position on global trade map, not only with impressive export turnover but also thanks to strong and sustainable development. From a country that mainly exports raw materials, Vietnam has risen to become one of the world's leading centers for production and supply of wooden furniture and interiors.
However, wood industry is facing major challenges such as impact of Covid-19 pandemic, international political tensions, etc., requiring a timely response strategy.
In order for Vietnamese wood industry to develop, Mr. Vo Quang Ha - Chairman of Tan Vinh Cuu Joint Stock Company (Tavico) - recommended that wood industry must equip itself with a new mindset to adapt to current difficulties. Going "two legs" in parallel with both the domestic and export markets, while repositioning the market, products, and raw material sources is what needs to be done at this time. On the part of the authorities, it is necessary to analyze competitive advantages of each locality, identify each type of raw wood for each type of product.
Forestry and forest protection sector set a target of 18 billion USD in wood and forest product export turnover in 2025, aiming for 25 billion USD by 2030. In particular, forestry sector sets a target of developing in association with green growth by 2030, with 100% of forest areas certified for sustainable forest management; 20% of natural forest areas upgraded in quality.
For wood and forest product processing and trading, prioritize use of modern, automated, specialized equipment to create high value-added products. Develop high-quality human resources, upgrade facilities... At the same time, prioritize development of wood trading centers, build an international wood product trading center, and open the market. Currently, Ministry of Agriculture and Rural Development (now the Ministry of Agriculture and Environment) has issued a full set of decrees, circulars and regulations to comply with international regulations on wood, wood products, and non-timber forest products, developing in association with green growth, low emissions, and environmental protection.
In addition, Vietnamese wood industry has been standardizing quality to meet international standards such as the Lacy Act (USA), Anti-Illegal Logging Act (Australia), the Clean Wood Act (Japan), the Sustainable Wood Use Act (Korea) and European Union's regulations on deforestation. These efforts will help the wood and forestry industry not only develop but also contributes to the goal of reducing emissions and protecting the environment.
Source: Vitic/ congthuong.vn
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