Forestry exports up 16.6% in 11 months
VGP – The exports of key forestry products over the recent 11 months of 2018 hit US$8.49 billion, a year-on-year increase of 16.6%, according to the Viet Nam Administration of Forestry, under the Ministry of Agriculture and Rural Development.
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The trade surplus of the forestry sector was estimated at US$6.398 billion in 11 months.
The sector expects to gain US$9.3 billion from exporting for the whole year.
Accordingly, the exports of wood and wooden products reached US$7.22 billion, up 15.63% against the same period last year.
Viet Nam’s key forestry export markets included the U.S., Japan, the EU, China and the Republic of Korea, making up 87.33%.
By Thuy Dung