Due to the impact of the Covid-19 pandemic, the production and export of wood and wood products (W&W) were severely affected, causing the export value of the wood industry to decrease by 14.41 TP3T in July and by 45.461 TP3T in the first half of August 2021.
Statistics from the General Department of Customs show that Vietnam's exports of wood and wood products decreased in July 2021, reaching only US$1.333 billion, a decrease of 14.41% compared to June 2021. Of this, wood products accounted for US$1.031 billion, a decrease of 16.41% compared to June 2021.
Statistics also show that, in the first 15 days of August 2021, the export value of garments and textiles reached 373 million USD, a decrease of 45,461 TP3T compared to the same period in July 2021.
As of August 15, 2021, the total export turnover of the entire industry reached 9.95 billion USD, of which wood products accounted for 7.7 billion USD.
Wood exports decreased in July and the first half of August 2021 (Source: Vietnam Wood, compiled from Customs data)
Exports of garments and textiles to many key markets decreased sharply in July 2021 compared to the previous month. Exports to the United States reached only $853.68 million, down 16,441 tons; to China reached $109.48 million, down 19,991 tons; to France reached $9.24 million, down 26,251 tons; to Germany reached $8.13 million, down 15,941 tons; and to Malaysia decreased by 21,071 tons…
According to Viet Wood
