Vietnam imports and exports wood and wood products in 2022 and trends in 2023

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Vietnam imports and exports wood and wood products in 2022 and trends in 2023
Date Submitted: 11 tháng trước

Vietnam imports and exports wood and wood products in 2022 and trends in 2023

Vietnam imports and exports wood and wood products in 2022 and trends in 2023

In 2022, despite being affected by the Covid-19 pandemic and the war between Russia and Ukraine, Vietnam's W&WP export turnover still reached $15.67 billion, up 10.9% compared to 2021. In the import dimension. W&WP import turnover from other countries reached nearly 3.1 billion USD, increasing by 5.6% in value compared to 2021. 

The report updates information on Vietnam's import and export of wood and wood products (G&SPG) in 2022 and provides some forecasts about the market situation in 2023. In addition to information on trade of Vietnam, important commodities, the Report also provides information on some aspects of risk in some export and import commodities. The main features of this Report include:

At the export stage : In 2022, despite being affected by the Covid-19 pandemic and the war between Russia and Ukraine, Vietnam's W&WP export turnover still reached $15.67 billion, up 10.9% year-on-year. 2021.

Main export markets:  Vietnam's export turnover of wood and wood products from a number of main export markets in 2022 includes:

In the US market, Vietnam exports over US$ 8.48 billion of wood and wood products in 2022, up 0.9% compared to 2021, accounting for 54.1% of Vietnam's W&WP export value from all markets. .

The Chinese market, exported over US$2.17 billion, increased by 46% compared to 2021, accounting for 13.8% of Vietnam's W&WP export value from all markets.

The Japanese market, exported over US$1.89 billion, increased by 36% compared to 2021, accounting for 12.08% of Vietnam's W&WP export value.

The Korean market, exporting over US$1.01 billion, accounted for 6.5% of W&WP export value to all markets, up 16.5% compared to 2021.

EU_27 market (excluding the UK), exported over US$645.71 million, accounting for 4.1% of total export value, up 8% over the previous year.

The UK market, exported over 232.92 million USD, decreased by 8.5% over the previous year, accounting for 1.5% of the total export value.

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Main export items in 2022 include:

Wooden furniture (HS 9403), export 6.83 billion USD, up 9.5% compared to 2021, accounting for 43.6% of total export turnover of W&WP.

Seats (HS 9401, export 2.98 billion USD, down 14.1%% compared to 2021, accounting for 19% total export turnover of W&WP.

Wood chips (HS 4401.22), exported 15.81 million tons, reaching 2.78 billion USD, up 16.2% in volume and 60.4% in value compared to 2021. Export turnover of woodchips in 2022 accounts for 17 .8% of the total export value of W&WP.

Plywood/laminated wood, exported 2.74 million m3 , reached 1.03 billion USD, down 5.1% in volume and 4.3% in value compared to 2021. Export turnover in 2022 accounted for 6. 6% of the total export turnover of W&WP.

Tablets, exported 4.88 million tons, reached 787.1 million USD, up 39.4% in volume and 90.6% in value compared to 2021. Export turnover in 2022 accounts for 5% of total export turnover. export of W&WP.

Peeled plywood, exported 1.05 million m3 , reached 175.91 million USD, down 47.9% in volume and 19.1% in value compared to 2021. Export turnover in 2022 accounted for 1.1% of total turnover. W&WP export quota.

At  the import stage :  In 2022, Vietnam's W&WP import turnover from other countries reached nearly $3.1 billion, up 5.6% of the turnover value compared to 2021.

The main markets Vietnam imports  W&WP in 2022 include: China: 912.7 million USD, down 10.3% compared to the turnover in 2021; United States: 345 million USD, up 5.9% compared to 2021; Cambodia: 260.37 million USD, up 43.6% compared to 2021; Thailand: 125.65 million USD, down 3.0% in turnover compared to 2021; Laos: nearly 138.76 million USD, up 31.5% compared to the turnover in 2021; Malaysia: 110.5 million USD, up 71.6% compared to 2021.

The main W&WP products imported by Vietnam in 2022 include: 

Round timber, imported 2.53 million m3 , equivalent to nearly 748.2 million USD in turnover, up 31.2% in volume and 43.4% in value compared to 2021.

Sawn timber, imported nearly 2.7 million m3 and  nearly 1.2 billion USD, decreased by 3.6% in volume but increased by 8.8% in value compared to 2021.

Peeled board, imported 242.7 thousand m3 , worth 300.6 million USD, down 20.7% in volume, up 8.3% in value compared to 2021.

Fiberboard, imported 549.5 thousand m3 , nearly 172 million USD, down 33.3% in volume, down 19.8% in value compared to 2021 .

Plywood, imported 358.2 thousand m 3 , 177.2 million USD, down 34.7% in volume, down 23.8% in value compared to 2021 .

Seats, imported 134.7 million USD, down 33.2% compared to 2021.

Furniture, imported 162.2 million USD, down 4.3% compared to 2021.

The year 2022 will see a number of import and export items showing signs of risk. At the export stage, this risk arises because these items are on the list of items being investigated by the authorities of the importing countries. At the import stage, risky items are identified according to Vietnam's legal requirements and/or have signals of violating regulations on trade fraud.

Please cite the source when using the information in this report.

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