Vietnam wood and wooden products exports down 3.01% in January MoM / to USA -2.98%, China -16.83%

Vietnam exported wood and wooden products to the tune of US$1,606 million in January, down from US$1,656 million in December, a change of -3.01 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam had exported US$1,606 million worth of wood and wooden products by the end of January.

Bar chart of Vietnam wood and wooden products exports 2026.

The USA accounted for US$809 million worth of Vietnam’s wood and wooden products exports in January. This was down from US$833 million in wood and wooden products exports in December, a change of -2.98 percent. Year to date, Vietnam has shipped US$809 million worth of wood and wooden products to the USA.

After the USA was China making up US$228 million worth of Vietnam’s wood and wooden products exports in January. This was down from US$275 million in wood and wooden products exports in December, a change of -16.83 percent. Year to date, Vietnam has shipped US$228 million worth of wood and wooden products to China.

Next was Japan taking US$216 million worth of Vietnam’s wood and wooden products exports in January. This was up from US$195 million in wood and wooden products exports in December, a change of 10.86 percent. Year to date, Vietnam has shipped US$216 million worth of wood and wooden products to Japan.

Pie chart Vietnam wood and wooden products exports by destination January

Following Japan was South Korea representing US$58 million worth of Vietnam’s wood and wooden products exports in January. This was down from US$64 million in wood and wooden products exports in December, a change of -9.56 percent. Year to date, Vietnam has shipped US$58 million worth of wood and wooden products to South Korea.

Rounding out the top five was Canada constituting US$30 million worth of Vietnam’s wood and wooden products exports in January. This was up from US$30 million in wood and wooden products exports in December, a change of 1.91 percent. Year to date, Vietnam has shipped US$30 million worth of wood and wooden products to Canada.

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Listed wood and wooden products companies

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

An Cuong Wood Working JSC

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

ACG closed at VND 37,000 on Friday, February 13, up 0.1 percent with 199,000 shares traded, worth VND 735 million.

Foreign ownership in ACG is currently capped at 50.0 percent, with current foreign ownership sitting at 38.5 percent.

Duc Thanh Wood Processing JSC

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

GDT closed at VND 19,850 on Friday, February 13, up 0.05 percent with 327,000 shares traded, worth VND 651 million.

Foreign ownership in GDT is currently capped at 49.9 percent, with current foreign ownership sitting at 6.2 percent.

Thuan An Wood Processing Joint Stock Company

Thuan An Wood Processing Joint Stock Company (GTA) is a Vietnam-based manufacturer specialising in wood processing and the production of furniture and wood products for domestic and export markets.

GTA closed at VND 9,200 on Friday, February 13, down 0 percent with 0 shares traded, worth VND 0 million.

Foreign ownership in GTA is currently capped at 49.0 percent, with current foreign ownership sitting at 0.4 percent.

Nam Viet JSC

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

NAV closed at VND 16,150 on Friday, February 13, down 0 percent with 0 shares traded, worth VND 0 million.

Foreign ownership in NAV is currently capped at 49.0 percent, with current foreign ownership sitting at 0.8 percent.

Phu Tai JSC

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

PTB closed at VND 54,800 on Friday, February 13, up 0.2 percent with 1,347,000 shares traded, worth VND 7,341 million.

Foreign ownership in PTB is currently capped at 25.0 percent, with current foreign ownership sitting at 15.0 percent.

Savimex Corporation

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

SAV closed at VND 13,350 on Friday, February 13, down 0 percent with 5,000 shares traded, worth VND 7 million.

Foreign ownership in SAV is currently capped at 50.0 percent, with current foreign ownership sitting at 49.7 percent.

Truong Thanh Furniture Corporation

Truong Thanh Furniture Corporation (TTF) produces indoor and outdoor wooden furniture, doors, and flooring. Supplies both domestic and export markets.

TTF closed at VND 2,920 on Friday, February 13, down 0 percent with 4,553,000 shares traded, worth VND 1,334 million.

Foreign ownership in TTF is currently capped at 0.0 percent, with current foreign ownership sitting at 0.0 percent.

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Vietnam wood and wooden products news

Recent developments in wood and wooden products in Vietnam include:

US countervailing duties on 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.

See the latest Vietnam news headlines→

Vietnam’s wood industry

Vietnam’s wood industry is one of the country’s largest export earners, supplying furniture, flooring, and interior fittings to markets in the United States, the European Union, Japan, and South Korea.

The sector has grown rapidly over the past decade, supported by foreign investment, trade agreements, and a shift in global supply chains away from China.

Domestic firms operate alongside foreign-invested manufacturers, with production concentrated in provinces such as Binh Duong, Dong Nai, and Binh Dinh.

Find out about starting a business in Vietnam→

The data

Vietnam exports of wood and wooden products in January, US$m

JanuaryDecemberMoMYTD
Total1,605.781,655.53-3.01%1,605.78
Other64.5262.443.34%64.52
USA808.62833.45-2.98%808.62
China228.45274.66-16.83%228.45
Japan215.68194.5510.86%215.68
South Korea57.9464.06-9.56%57.94
Canada30.4529.871.91%30.45
UK27.4625.398.13%27.46
Malaysia16.6917.21-3.01%16.69
Germany14.2614.86-4.03%14.26
France14.1115.19-7.12%14.11
Australia13.7615.29-10.01%13.76
Thailand11.649.4523.22%11.64
Netherlands11.1513.67-18.42%11.15
Belgium10.928.3430.90%10.92
Spain9.018.772.74%9.01
Mexico8.807.5816.00%8.80
India7.719.25-16.63%7.71
Cambodia7.158.72-17.95%7.15
Saudi Arabia6.017.05-14.76%6.01
New Zealand5.511.98178.46%5.51
Taiwan4.714.358.31%4.71
Italy4.462.9849.84%4.46
Poland4.375.66-22.79%4.37
Sweden4.313.6418.34%4.31
Singapore3.923.725.41%3.92
Denmark3.834.46-14.21%3.83
UAE3.492.7626.39%3.49
Portugal1.360.52162.48%1.36
Laos0.770.753.53%0.77
Chile0.690.680.77%0.69
Turkey0.630.22185.48%0.63
South Africa0.600.75-21.01%0.60
Greece0.490.466.48%0.49
Finland0.380.2088.95%0.38
Czech Republic0.370.57-35.09%0.37
Norway0.360.44-19.60%0.36
Kuwait0.300.1865.20%0.30
Switzerland0.290.48-39.61%0.29
Austria0.250.50-50.62%0.25
Russia0.180.26-29.25%0.18
Hong Kong0.180.1421.77%0.18
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