Vietnam Wood Exports Defy Market Challenges, Set to Surpass $15.2 Billion Target

Viet Bao

Despite facing complex market challenges, Vietnam's wood processing and export industry is poised to exceed its 2024 export target of $15.2 billion. With strategic adaptability, the industry is navigating through fluctuations in global demand and supply chains, leveraging its competitive edge in wooden furniture and wood products. Key sectors such as wood pellets and wood chips are also driving growth, fueled by increasing demand for sustainable and eco-friendly products. As the industry continues to evolve, it is likely to remain a significant contributor to Vietnam's economy, with exports expected to reach new heights.