In the first 11 months of 2021, Vietnam’s W&WP export turnover reached US$ 13.361 billion, up 21.1% over the same period last year.

Production and capacity levels for Vietnam’s wood industry is returning to normal after the pandemic restrictions, and the industry is confident of earning a total of US$14.5 billion by the end of 2021.

Despite the decrease during Q3, the export turnover of Vietnam timber and wood products in the first 9 months reached US$11.14 billion, up by 30.9% year over year. The industry’s experts estimate the turnover will be approximate US$1 billion each month for Q4, 2021.