New market opportunities for Vietnam’s wood product exports

Although Vietnam’s wood industry is still facing many difficulties wood and wood products (W&WP) exports have shown positive signals with orders coming from key markets such as the US and Europe and businesses are likely regaining consumers. This lead to increased demand for imported wood raw material for the manufacture value-added products for export. Imports of roundwood and sawnwood from the EU are expected to increase slightly from now to the end of 2023. India and Middle East offer new opportunity for Vietnam’s timber exporters. With the sharp fall in exports of wood ...