Vietnam’s wood manufacturing industry is a rapidly expanding sector, playing a crucial role in the country’s economy and positioning Vietnam as one of the world’s leading exporters of wood products. In 2025, the industry has continued to thrive, driven by strong global demand and Vietnam’s abundant natural resources. Key products include furniture, plywood, and flooring, with Vietnam exporting to major markets like the United States, Europe, and Japan.
Vietnamese wood manufacturers are known for producing a wide range of furniture and wood-based products, both for residential and commercial use. This diversity has attracted international buyers seeking high-quality yet competitively priced products. To meet rising sustainability standards, many Vietnamese manufacturers are adopting eco-friendly practices, including the use of certified timber and renewable materials. This shift not only aligns with global environmental standards but also boosts the industry’s appeal among environmentally conscious markets.
Despite its growth, the industry faces challenges, such as increasing competition from other wood-exporting countries, dependency on imported raw materials, and the need to improve productivity. However, with strong government support, trade agreements, and a commitment to sustainable practices, Vietnam’s wood manufacturing industry is poised for further growth. By continuing to innovate and enhance its production capabilities, Vietnam is strengthening its position as a key player in the global wood products market.
Wood manufacturing in Vietnam in numbers
These figures showcase the scale, growth, and impact of Vietnam’s wood manufacturing industry, underscoring its role as a global player in the wood products market while also highlighting the importance of sustainable practices in its continued expansion.
Production of wood products in Vietnam
Vietnam’s production in sawing, planing, and preserving wood decreased by 2.1 percent in December compared to November, according to Vietnam’s Industrial Production Index.
Year-on-year, production grew by 13.3 percent in December compared to December 2023. For the entire year of 2024, cumulative growth reached 8.5 percent compared to 2023, indicating strong performance throughout the year.
Vietnam wood product imports-exports
Vietnam’s wood product industry plays a significant role in the country’s economy, with both exports and imports reflecting strong demand and diverse market needs. As one of the world’s largest wood product exporters, Vietnam has cultivated a robust export market, while simultaneously importing raw materials to meet production demands.
Vietnam’s wood exports, 2024 vs 2023, US$
| 2024 | 2023 | Change | |
| Total | 16,282,136,053 | 13,467,694,082 | 20.90% |
| Other | 679,616,009 | 387,469,470 | 75.40% |
| USA | 9,056,598,490 | 7,305,074,786 | 23.98% |
| China | 2,017,545,628 | 1,710,586,236 | 17.94% |
| Japan | 1,748,618,436 | 1,670,472,614 | 4.68% |
| South Korea | 807,920,011 | 784,329,073 | 3.01% |
| Canada | 251,586,781 | 205,496,830 | 22.43% |
| UK | 224,203,201 | 194,985,595 | 14.98% |
| India | 212,566,874 | 121,915,855 | 74.36% |
| Australia | 160,326,313 | 147,948,106 | 8.37% |
| Malaysia | 155,652,806 | 147,059,024 | 5.84% |
| France | 119,740,265 | 105,479,759 | 13.52% |
| Germany | 93,020,373 | 72,139,850 | 28.94% |
| Netherlands | 79,183,507 | 67,453,480 | 17.39% |
| Thailand | 75,473,453 | 61,517,863 | 22.69% |
| Taiwan | 67,295,805 | 67,968,302 | -0.99% |
| Spain | 62,835,367 | 36,270,930 | 73.24% |
| Belgium | 58,120,469 | 45,838,600 | 26.79% |
| Cambodia | 57,448,089 | 39,202,042 | 46.54% |
| Mexico | 48,583,190 | 37,488,776 | 29.59% |
| UAE | 39,352,562 | 20,470,485 | 92.24% |
| Singapore | 39,136,807 | 38,415,545 | 1.88% |
| Denmark | 35,938,551 | 29,401,513 | 22.23% |
| Saudi Arabia | 34,409,633 | 26,295,836 | 30.86% |
| Poland | 27,766,658 | 17,253,065 | 60.94% |
| Sweden | 23,304,807 | 19,785,539 | 17.79% |
| New Zealand | 22,268,304 | 20,605,005 | 8.07% |
| Italy | 20,536,819 | 20,273,186 | 1.30% |
| Chile | 11,432,374 | 14,198,798 | -19.48% |
| Laos | 9,384,999 | 6,178,349 | 51.90% |
| South Africa | 8,220,128 | 6,373,611 | 28.97% |
| Russia | 4,991,918 | 3,500,799 | 42.59% |
| Kuwait | 4,300,948 | 3,432,720 | 25.29% |
| Turkey | 3,909,322 | 11,522,000 | -66.07% |
| Portugal | 3,724,321 | 3,738,763 | -0.39% |
| Greece | 3,629,874 | 2,929,850 | 23.89% |
| Hong Kong | 2,915,807 | 4,501,328 | -35.22% |
| Norway | 2,852,790 | 4,102,319 | -30.46% |
| Austria | 2,566,474 | 1,126,077 | 127.91% |
| Switzerland | 2,286,292 | 1,597,628 | 43.11% |
| Czech Republic | 1,633,502 | 1,591,655 | 2.63% |
| Finland | 1,238,096 | 1,702,820 | -27.29% |
Vietnam wood exports by month
| 2024 | 2025 | ||
| October | January | April | July |
| November | February | May | August |
| December | March | June | September |
Source: Vietnam Exports Tracker
Vietnam’s wood imports, 2024 vs 2023, US$
| 2024 | 2023 | Change | |
| Total | 2,754,224,592 | 2,171,836,679 | 26.82% |
| Other | 461,612,975 | 407,886,724 | 13.17% |
| China | 1,100,639,833 | 756,661,349 | 45.46% |
| USA | 323,695,134 | 238,472,085 | 35.74% |
| Thailand | 147,547,408 | 120,952,211 | 21.99% |
| France | 100,533,873 | 99,183,627 | 1.36% |
| Laos | 92,199,693 | 99,959,330 | -7.76% |
| Chile | 67,603,976 | 63,497,903 | 6.47% |
| Brazil | 66,065,814 | 45,089,190 | 46.52% |
| New Zealand | 59,841,393 | 42,652,255 | 40.30% |
| Russia | 49,443,238 | 40,127,032 | 23.22% |
| Germany | 48,550,358 | 43,951,267 | 10.46% |
| Italy | 44,441,048 | 23,706,708 | 87.46% |
| Congo | 43,565,499 | 35,957,419 | 21.16% |
| Indonesia | 29,113,591 | 30,459,422 | -4.42% |
| Malaysia | 26,197,558 | 23,935,525 | 9.45% |
| Argentina | 14,086,330 | 5,108,110 | 175.76% |
| Canada | 11,865,654 | 9,722,703 | 22.04% |
| Finland | 11,503,789 | 11,223,227 | 2.50% |
| South Korea | 9,933,138 | 19,222,868 | -48.33% |
| Belgium | 9,799,919 | 11,208,227 | -12.56% |
| Cambodia | 8,088,592 | 9,597,591 | -15.72% |
| Ghana | 6,949,725 | 5,372,240 | 29.36% |
| Australia | 5,572,142 | 10,026,420 | -44.43% |
| Sweden | 5,258,624 | 7,649,506 | -31.26% |
| Japan | 4,444,698 | 5,710,529 | -22.17% |
| South Africa | 2,737,824 | 1,418,650 | 92.99% |
| Taiwan | 2,312,312 | 1,926,518 | 20.03% |
| Myanmar | 620,454 | 1,158,043 | -46.42% |
Vietnam wood exports by month
| 2024 | 2025 | ||
| October | January | April | July |
| November | February | May | August |
| December | March | June | September |
Source: Vietnam Imports Tracker
Domestic wood manufacturing firms in Vietnam
Vietnam’s domestic wood manufacturing industry includes several prominent companies that produce a wide range of wood products for local and international markets. Here are some key players:
Truong Thanh Furniture Corporation (TTF)
Truong Thanh is one of Vietnam’s largest wood product manufacturers, specialising in furniture, flooring, and decorative wood products. The company exports to major markets like the US, Europe, and Japan, focusing on high-quality and sustainable production practices.
Duc Loi Wood Processing Joint Stock Company
Duc Loi is a well-established manufacturer of wooden furniture, home decor, and wood panels. Known for its craftsmanship, Duc Loi supplies both domestic retailers and international buyers, emphasising eco-friendly materials and responsible sourcing.
Woodsland Joint Stock Company
Woodsland manufactures a variety of wood products, including furniture, doors, and home decor items. The company is known for its focus on quality and sustainable practices, supplying local markets and exporting to Europe and Asia.
AA Corporation
AA Corporation is a major interior furniture manufacturer in Vietnam, providing custom-made wood furniture and interior solutions for residential, commercial, and hospitality projects. It has a reputation for high-end designs and craftsmanship.
Hoa Phat Furniture
Part of the Hoa Phat Group, Hoa Phat Furniture produces wooden office furniture, home furnishings, and industrial wood products. The company supplies both local and export markets, focusing on durable, cost-effective products.
Tavico Timber JSC
Tavico Timber is involved in the processing and distribution of wood and wood products, including panels, flooring, and furniture components. The company sources sustainably and supplies materials for both domestic manufacturers and export markets.
Dong Nai Wood Processing Company (DOWACO)
DOWACO is a state-owned company producing wood products such as furniture, doors, and wood panels. The company supplies the domestic market and exports to key international destinations, known for its quality woodcraft and local reputation.
Thuan An Wood Processing JSC
Thuan An manufactures a wide range of wood products, particularly furniture for residential and commercial use. The company’s products are widely used domestically and also cater to international clients, focusing on quality and design.
Foreign wood manufacturing firms in Vietnam
Vietnam has attracted several foreign wood manufacturing firms, drawn by its competitive labour costs, skilled workforce, and proximity to key export markets. Here are some prominent foreign wood manufacturing companies operating in Vietnam:
IKEA (Sweden)
IKEA has partnered with several Vietnamese manufacturers and operates sourcing offices in the country, working with local factories to produce a range of furniture and home products. The company sources significant volumes of wood-based products from Vietnam for its global supply chain.
ScanCom International (Denmark)
ScanCom, a Danish furniture manufacturer, has established significant production facilities in Vietnam, specialising in outdoor furniture. Known for sustainable practices, the company uses FSC-certified wood and eco-friendly materials to produce high-quality furniture for export.
Timberland Co., Ltd. (Singapore)
Timberland operates in Vietnam through its production facilities, focusing on wood products and furniture manufacturing. The company produces wood-based items for both local and international markets, emphasising sustainability and quality.
Rochdale Spears (United Kingdom)
A UK-based luxury furniture company, Rochdale Spears has substantial manufacturing facilities in Vietnam. The company produces high-end furniture for global markets, focusing on craftsmanship and high-quality materials.
Ashley Furniture (USA)
Ashley Furniture, one of the largest furniture companies globally, sources a portion of its products from Vietnam, collaborating with local manufacturers. Vietnam has become a key production base for Ashley’s affordable, high-demand furniture products.
Shandong Dongwha Group (South Korea)
Shandong Dongwha specialises in wood panels and MDF production, with manufacturing plants in Vietnam. The company provides high-quality MDF products for furniture and construction, catering to both domestic and export markets.
Kwong Lung Enterprise (Taiwan)
Kwong Lung, a Taiwanese company, operates wood processing facilities in Vietnam, focusing on wood panels and furniture components. It supplies materials for both Vietnamese furniture manufacturers and international buyers.
Vietnam’s main wood products
Vietnam’s wood manufacturing industry produces a wide range of products that cater to both domestic and international markets. Here are the main wood products:
Furniture
Furniture is Vietnam’s top wood export, with products ranging from indoor and outdoor furniture to office and hotel furnishings. Vietnamese furniture is highly valued for its quality, craftsmanship, and competitive pricing, and it’s widely exported to the United States, Europe, and Japan.
Plywood and panels
Plywood and engineered wood panels are widely produced in Vietnam, used in both construction and furniture manufacturing. These products are known for their durability and versatility, making them popular in building projects and as raw materials for other wood products.
Flooring
Wooden flooring, including hardwood, laminate, and engineered wood floors, is another major product of Vietnam’s wood industry. The flooring is primarily exported to high-demand markets, valued for its quality and variety of finishes.
Wooden handicrafts and decor
Vietnam produces a variety of wooden handicrafts, home decor items, and carvings, showcasing traditional craftsmanship. These products are popular among international buyers looking for unique and culturally inspired designs.
Particleboard and medium-density fiberboard (MDF)
Vietnam manufactures particleboard and MDF as economical and durable options for furniture and interior applications. These products are widely used by local furniture manufacturers and exported for global markets.
What’s next?
Vietnam’s wood manufacturing industry has solidified its position as a vital contributor to the country’s economy and a leading player in the global market. With a diverse product range and strong export capabilities, Vietnam has attracted international demand for its furniture, flooring, and wood-based products. The industry’s commitment to sustainable practices, such as using certified timber and eco-friendly production methods, has strengthened its reputation and appeal among environmentally conscious markets.
Despite challenges, including competition and reliance on some imported materials, Vietnam’s wood manufacturing sector is well-positioned for continued growth. Through innovation, government support, and adherence to high standards, the industry is set to further enhance its role in global supply chains, cementing Vietnam’s status as a top exporter of wood products.
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First published November 1, 2024. Last updated March 17, 2025.