Export revenue of forestry products between January and September is estimated to surge 14 percent year on year to 6.64 billion USD. (Photo: VNA)Hanoi (VNA) – Export revenue of forestry products between Januaryand September is estimated to surge 14 percent year on year to 6.64 billionUSD, accounting for 23 percent of Vietnam’s total agro-forestry-fisheryshipments.
According to the Vietnam Administration of Forestry under the Ministry ofAgriculture and Rural Development, the trade surplus of main forestry productsis estimated at 4.97 billion USD, with 4.64 billion USD contributed by exportof wooden products.
The US, Japan, the EU, China and the Republic of Korea (RoK) remain the largestimporters of Vietnamese forestry goods. Export revenue to those countries hit5.17 billion USD, or 86.72 percent of total forestry export value.
Robust growth was seen in some traditional markets like China (6.5 percent), theEU (5 percent), Japan (10 percent), the RoK (52 percent) and the US (15.5percent).
The administration said the country has planted 161,207 hectares of forest sofar this year, up 7.5 percent from the same time in 2017 and 75.1 percent ofthe yearly plan.
As of September 20, the country had collected 1.79 trillion VND (76.97 million USD)from forest environment service fees, 77.2 percent of the yearly plan and up 76percent from the same time last year.-VNA
VNA
