Vietnam wood and wood products exports down 39.64 percent MoM in February 2026 / USA -44.08%, China -29.00%

Vietnam exported wood and wood products to the tune of US$969 million in February, down from US$1,606 million in January, a change of -39.64 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam exported US$2,585 million worth of wood and wood products by the end of February.

The United States accounted for US$452 million of Vietnam’s wood and wood products exports in February, down from US$809 million in January, a change of -44.08 percent. Year to date, exports to the United States reached US$1,261 million.

China followed with US$162 million in February, down from US$228 million in January, a change of -29.00 percent. Year to date, exports to China totalled US$391 million.

Japan recorded US$133 million in February, down from US$216 million in January, a change of -38.14 percent. Year to date, exports to Japan reached US$349 million.

South Korea accounted for US$37 million in February, down from US$58 million in January, a change of -35.61 percent. Year to date, exports to South Korea totalled US$95 million.

The Netherlands recorded US$21 million in February, up from US$11 million in January, a change of 83.96 percent. Year to date, exports to the Netherlands reached US$32 million.

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Listed wood and wood products companies

Key wood and wood products firms listed on the Vietnam stock exchange include:

An Cuong Wood Working JSC (ACG)

An Cuong Wood Working JSC (ACG) manufactures and distributes wood-based panels, furniture, and interior materials for domestic and export markets. (ACG)

In February, ACG shares moved from 35.70 to 36.25, a change of 0.55 (0.02 percent).

Foreign ownership moved from 173,860.35 to 173,861.35, a change of 1.00 (0.00 percent).

Duc Thanh Wood Processing JSC (GDT)

Duc Thanh Wood Processing JSC (GDT) manufactures wooden household products, furniture, and toys for export markets. (GDT)

In February, GDT shares moved from 19.35 to 19.95, a change of 0.60 (0.03 percent).

Foreign ownership moved from 110,061.36 to 108,686.24, a change of -1,375.12 (-0.01 percent).

Nam Viet JSC (NAV)

Nam Viet JSC (NAV) manufactures and exports wooden furniture and interior products. (NAV)

In February, NAV shares moved from 16.95 to 16.00, a change of -0.95 (-0.06 percent).

Foreign ownership moved from 38,591.44 to 38,590.44, a change of -1.00 (0.00 percent).

Phu Tai JSC (PTB)

Phu Tai JSC (PTB) produces wooden furniture, stone products, and invests in real estate projects. (PTB)

In February, PTB shares moved from 53.00 to 57.90, a change of 4.90 (0.09 percent).

Foreign ownership moved from 68,567.33 to 63,472.14, a change of -5,095.19 (-0.07 percent).

Savimex Corporation (SAV)

Savimex Corporation (SAV) manufactures and exports furniture and wooden products primarily to the US and Japan. (SAV)

In February, SAV shares moved from 12.95 to 13.60, a change of 0.65 (0.05 percent).

Foreign ownership moved from 742.84 to 743.14, a change of 0.30 (0.00 percent).

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Vietnam wood and wood products news

Recent developments in wood and wood products in Vietnam include:

US antidumping tariffs wood products

The United States Department of Commerce issued a preliminary anti-dumping ruling on Vietnamese plywood and decorative wood products, with duties ranging from 191.85 percent to 194.80 percent.

Fifty companies received a separate rate of 193.32 percent, which is also the nationwide rate, higher than duties applied to China and Indonesia.

The Department of Commerce found no surge in imports and will not apply retroactive duties, with a final determination expected 135 days after publication. Read more→

US countervailing duties wood

The United States Department of Commerce issued preliminary countervailing duties on certain plywood and decorative wood products imported from Vietnam.

Preliminary subsidy rates range from 4.37 percent to 26.75 percent for mandatory respondents, while other Vietnamese exporters face a provisional rate of 15.56 percent.

The US Commerce Department preliminarily found subsidies in Vietnam’s preferential lending by state owned banks, industrial promotion grants, and the provision of inputs at below market prices, with a final ruling due in May 2026 and no retroactive duties imposed. Read more→

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Vietnam’s wood and wood products industry

Vietnam’s wood and wood products industry is a major export sector, supplying furniture and processed timber to markets such as the United States, the European Union, and Japan.

Production is supported by a large network of manufacturers, competitive labour costs, and integration into global supply chains.

The industry remains reliant on imported raw materials, particularly timber inputs, while facing pressure from trade regulations and sustainability standards.

Government policy focuses on expanding domestic plantation resources, improving traceability, and moving up the value chain through higher-value-added products.

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The data

Vietnam exports of wood and wood products in February 2026 US$m