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Forestry exports expected to beat 11 billion USD in 2019

by VTV431 October 2019 Last updated at 10:39 AM

VTV.vn - Robust signs since the outset of the year have made the timber and forestry sector confident of gaining 11 billion USD in export revenue in 2019, beating the target of 10.5 billion USD.

The export value of forestry products has risen 18.8 percent year on year to over 9 billion USD. For the first time the sector won a contract worth more than 1 billion USD in October. Foreign countries normally have high demand for interior and exterior wooden products towards the end of the year.

Vietnamese forestry products are present in over 120 countries and territories, with key markets including the US, Japan, China, the EU, and the Republic of Korea. Revenue from exports to those countries is estimated at 7.81 billion USD, accounting for 86.6 percent of the sector's total.

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