Wood exports hit record high despite COVID-19 in five months

 

 Exports of wood and timber products surged 42 percent year-on-year to reach a record high of more than 6 billion USD in the first five months of 2021 despite global supply chain disruptions caused by the COVID-19 pandemic, according to customs data. Of the figure, nearly 5 billion USD came from wood furniture, up nearly 57 percent this year.

Domestic producers have adapted well to the “new normal” by stepping up digital trade meetings with foreign buyers in order to boost sales, said Deputy Minister of Agriculture and Rural Development Ha Cong Tuan.

There is plenty of room for the global wood and furniture market to grow, said Bui Chinh Nghia, vice director of the Vietnam Forestry Administration under the Ministry of Agriculture and Rural Development adding that Vietnam now makes up 9 percent of the global market.

 

 

Source: VOV5

Author: web Desk

Leave a Reply