Vietnamese wood product exports down in June 2022

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ITTO/Fordq
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Vientam's export earnings from wood and wood products (W&WP) in June 2022 reached US$1.4 billion, down 10.9% compared to June 2021. Of this WP exports reached US$ 936.5 million, down 25% compared to June 2021. For the first 6 months of 2022 W&WP exports reached US$8.4 billion, up 1.7% over the same period in 2021.

The W&WP exports to Japan in June 2022 reached US$166 million, up 3% compared to June 2021. In the first half of 2022 W&WP exports to Japan reached US$844.3 million. a rise of almost 20% over the same period in 2021.

In June 2022 exports of wooden bedroom furniture earned US$205.2 million, down 12% compared to June 2021. In the first 6 months of 2022 earnings from the export of wooden bedroom furniture reached US$1.28 billion, up 3.4% over the same period in 2021.

W&WP imports in June 2022 reached US$303 million, down 5.4% compared to May 2022 but compared to June 2021 it increased by 13%. In the first 6 months of 2022 imports reached US$1,577 billion, up 2.0% over the same period in 2021.

Vietnam's imports of ash wood in June 2022 are estimated at 36,700 cu.m, worth US$8.8 million, down 2% in volume and 5.4% in value compared to May 2022. Compared to June 2021 imports were up 7.4% in volume and 8.8% in value.

Imports of logs and sawnwood from the US in May 2022 reached 56,310 cu.m, worth US$28.54 million, up 33.8% in volume and 35.6% in value compared to April 2022 but down 2.3% in volume, but up 11.0% in value compared to May 2021.

In general, in the first 5 months of 2022 imports of logs and sawnwood from the US reached 211,285 cu.m, worth US$102.01 million, down 33.9% in volume and 21% in value over the same period in 2021.

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