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Forestry exports up 21% in H1


The export value of timber and wood products hit 7.95 billion USD in the first half of 2024, up 21.2% year-on-year, and representing 52.3% of the plan set for the year, the Forestry Department under the Ministry of Agriculture and Rural Development has reported. That resulted in a trade surplus of 6.67 billion USD, 21.6% higher than that of the same period last year, statistics show. The US and China were the main importers, respectively purchasing 4.38 billion USD and nearly 1.06 billion USD worth of forestry products from Vietnam in the period, up 27.6% and 46.6% compared to the same period in 2023.

Source: Vietnam News Agency