Export of wood and wood products in the past 2 months has many advantages

In the first two months of 2025, the value of exports of wood and wood products reached US$2.45 billion, an increase of 9.4% compared to the same period last year.

According to statistics from the Customs Department, the export value of wood and wood products in February 2025 reached US$3 billion, a decrease of 27.7% compared to January 2025, but an increase of 33.9% compared to February 2024; of which, the export value of wood products reached US$665.7 million, a decrease of 32.2% compared to January 2025, but an increase of 38.9% compared to February 2024. For the first two months of 2025, the export value of wood and wood products reached US$2.45 billion, an increase of 9.4% compared to the same period in 2024; of which, the export value of wood products reached US$1.65 billion, an increase of 9.1% compared to the same period in 2024.

Exports of wood and wood products in the first two months of 2025 experienced favorable conditions, with export values ​​to major markets recording positive growth. Leading the way in terms of export value was the United States, reaching US$1.3 billion, a 9.5% increase compared to the same period in 2024. The United States is Vietnam's largest consumer market for wood and wood products, accounting for 53.1% of total export value. Following the US are exports to Japan at US$323.4 million, a 21% increase (13.2%); China at US$259.9 million, a 15.2% decrease (10.6%); South Korea at US$119.5 million, a 6.3% increase (4.9%); and Canada at US$43.7 million, a 21% increase (1.8%).

In the first two months of 2025, the value of exports of wood and wood products reached US$2.45 billion, an increase of 9.4% compared to the same period last year. (Illustrative image)

Although the export value of wood and wood products achieved good results in the first two months of 2025, this industry will still face many difficulties in the coming period, as major export markets increasingly demand strict control over the origin of wood, specifically: ensuring legality, preventing deforestation, green production, reducing greenhouse gas emissions, and increasing the price of imported raw wood due to limited supply.

Furthermore, intense competition from other major supplier countries, including China, Malaysia, and Indonesia, which are also large timber exporters with technological and cost advantages, is a significant challenge. Therefore, for the sustainable development of the timber industry, in addition to meeting regulations and standards on origin and environmental standards, Vietnamese businesses need to invest in processing technology and improve product quality to maintain their competitive advantage and expand exports to new markets.

Vietnam's wood and wood product export situation over the months of 2024-2025 (Unit: million USD)

Source: Vietnam Customs Department

In January 2025, Canada continued the downward trend of wooden furniture imports from the Chinese and US markets, but significantly increased imports from the Vietnamese market, reaching 36.4 million USD, up 21.6% compared to January 2024. The proportion of imports from Vietnam also expanded from 15.6% (January 2024) to 19.8% in January 2025.

Source: https://congthuong.vn/xuat-khau-go-san-pham-go-2-thang-gap-nhieu-thuan-loi-378506.html