Timber export in the first 6 months of 2020 and target of 12 billion USD

Timber export in the first 6 months of 2020 and target of 12 billion USD

According to calculations from preliminary statistics of the General Department of Customs, Vietnam's export of wood and wood products in the first 6 months of 2020 reached US $ 5.04 billion, up 3.6% compared to the first 6 months of the year 2019.

Particularly, wooden products export reached 3.61 billion USD, accounting for 71.7% of total export turnover of this group, up 4.7%. Export turnover of wood and wood products in June 2020 reached US $ 946.9 million, up 22.7% compared to May 2020 and up 15.6% over the same month in 2019.

The US is the largest market consuming this group of Vietnam, reaching US $ 2.6 billion, up 15% over the same period last year, accounting for 51.7% of the country's total export turnover of this commodity group. The Chinese market was followed by 639.73 million USD, accounting for 12.7%, up 18%; Japan 600.09 million USD, accounting for 11.9%, down 3%; South Korea 401.61 million, accounting for 8%, down 3%; EU 339.35 million USD, accounting for 6.7%, down 22%.

According to baotintuc.vn, the Ministry of Agriculture and Rural Development assessed that in the first 6 months of 2020, although the world market has many difficulties, the export turnover of forest products of Vietnam has increased, making an important contribution to the needle. overall export turnover of the agricultural sector. The value of imported wood and wood products reached more than 1.1 billion USD, down 8.8% over the same period in 2019, forecasting the whole year to reach about 2.5 billion USD, equivalent to 2019.

Directing key tasks for the last 6 months of 2020, Deputy Minister Ha Cong Tuan affirmed that the forestry sector must fulfill the goal of exporting forest products of not less than 12 billion USD to compensate for the declining areas. other. The forestry sector achieved remarkable results in production and business in the first 6 months of 2020. In particular, the growth rate of forestry production value reached more than 2.1% (the same period last year nearly 3.2%).

As of June 30, 2020, the country has planted more than 106,000 hectares of concentrated forests, reaching more than 48% of the year plan, up 0.2% over the same period in 2019. Estimated whole year is about 220,000 ha, reaching 100 % of year plan. The percentage of planted forest from controlled and certified seed sources reaches 85%.

The Deputy Minister assessed that, in this year's export, in addition to market difficulties due to the impact of the COVID-19 pandemic, the implementation of social gap, the remarkable point is that some products of the forestry sector have been trade barriers, facing lawsuits on anti-dumping, tax evasion. Up to now, some countries have concluded that a number of major markets are continuing to investigate, so this year's assessment of forest product processing and export is not as simple as previous years.

Source: VITIC