Vietnam’s exports of wood and wooden products experienced a significant rise in October 2024, with export value reaching US$1.54 billion, according to Vietnam’s General Department of Customs. This represents a 22.9 percent increase compared to September, which recorded US$1.25 billion, reflecting robust international demand for Vietnamese wood products.
Year-to-date performance also shows strong growth. From January to October, exports in this category totalled US$13.22 billion, marking a 21.2 percent increase compared to the same period in 2023.
The consistent growth highlights Vietnam’s prominent position in the global wood product market, supported by high-quality production and competitive pricing. October’s performance reinforces the sector’s critical role in the country’s export economy, with opportunities for further expansion in diversified markets.
See also: Wood Manufacturing in Vietnam
Vietnam wood and wood product exports, October vs. September 2024, US$
October | September | MoM | YTD | |
Total | 1,536,198,142 | 1,249,758,415 | 22.92% | 13,219,409,510 |
Other | 55,081,302 | 43,454,907 | 26.76% | 550,511,287 |
United States of America | 849,758,500 | 740,729,881 | 14.72% | 7,340,187,786 |
China | 188,427,946 | 144,015,399 | 30.84% | 1,723,789,757 |
Japan | 170,465,719 | 123,627,814 | 37.89% | 1,423,348,343 |
South Korea | 73,787,670 | 52,940,848 | 39.38% | 648,575,610 |
Canada | 27,746,701 | 20,517,297 | 35.24% | 202,811,876 |
United Kingdom | 19,768,366 | 16,589,627 | 19.16% | 182,058,638 |
India | 25,104,654 | 19,756,521 | 27.07% | 140,282,469 |
Australia | 16,530,783 | 15,292,940 | 8.09% | 134,155,059 |
Malaysia | 13,548,695 | 9,059,250 | 49.56% | 125,946,493 |
France | 12,338,712 | 7,069,166 | 74.54% | 89,909,880 |
Germany | 8,871,976 | 6,093,992 | 45.59% | 68,820,611 |
Netherlands | 11,651,320 | 3,319,136 | 251.03% | 62,636,545 |
Thailand | 5,899,004 | 4,387,003 | 34.47% | 62,483,908 |
Taiwan | 6,226,049 | 5,946,711 | 4.70% | 54,217,214 |
Spain | 4,504,560 | 3,319,429 | 35.70% | 47,828,445 |
Belgium | 4,721,370 | 3,374,140 | 39.93% | 45,937,460 |
Cambodia | 5,670,757 | 3,338,613 | 69.85% | 44,908,533 |
Mexico | 6,324,857 | 4,640,351 | 36.30% | 39,042,601 |
Singapore | 4,375,875 | 2,590,812 | 68.90% | 31,001,778 |
United Arab Emirates | 3,533,117 | 4,706,352 | -24.93% | 28,494,315 |
Saudi Arabia | 4,243,189 | 2,362,086 | 79.64% | 25,932,978 |
Denmark | 3,491,749 | 2,482,531 | 40.65% | 25,860,623 |
Poland | 2,229,021 | 1,283,139 | 73.72% | 19,020,577 |
New Zealand | 2,218,036 | 2,148,377 | 3.24% | 18,522,106 |
Sweden | 2,926,652 | 1,352,971 | 116.31% | 18,055,637 |
Italy | 1,272,025 | 902,747 | 40.91% | 14,834,651 |
Chile | 703,372 | 650,114 | 8.19% | 9,875,443 |
Laos | 1,147,037 | 1,031,323 | 11.22% | 8,863,332 |
South Africa | 419,825 | 1,239,056 | -66.12% | 6,678,312 |
Russia | 464,343 | 181,251 | 156.19% | 4,086,684 |
Kuwait | 455,327 | 134,343 | 238.93% | 3,316,309 |
Turkey | 492,782 | 271,872 | 81.26% | 3,162,016 |
Portugal | 402,840 | 73,489 | 448.16% | 3,068,129 |
Greece | 160,846 | 44,573 | 260.86% | 2,588,166 |
HongKong | 205,376 | 182,882 | 12.30% | 2,202,061 |
Norway | 269,507 | 172,941 | 55.84% | 2,047,515 |
Austria | 467,362 | 262,750 | 77.87% | 1,563,530 |
Switzerland | 142,727 | 0 | 0.00% | 1,195,132 |
Czech Republic | 25,013 | 153,204 | -83.67% | 875,898 |
Finland | 123,180 | 58,577 | 110.29% | 711,803 |