With the export turnover in 2021 reached nearly USD 15 billion, the wood and wood products export turnover target in 2022 at USD 16 billion is considered feasible and prudent.

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.