Vietnam’s export target of wood products in 2022 is US $16 billion. After the export turnover of forest products (mainly wood and wood products) reached a record US $15.87 billion in 2021, Vietnam’s wood industry set a target of total export of US $16 billion in 2022.

In 2021, the export of forest products was US $15.87 billion, an increase of 20% over 2020 (only the export of wood and wood products was US $14.72 billion); The annual trade surplus was 12.94 billion US dollars, an increase of 21.2% over the previous year; The income from forest environmental services reached vnd 3.15 trillion; The forest coverage rate reached about 42.02%, an increase of 0.01% over 2020, equivalent to 3300 hectares.

In terms of export market, the United States is currently the largest export market of Vietnam’s timber and wood products. In 2021, the United States spent $9 billion on Vietnamese wooden furniture, an increase of 24.6% over 2020, accounting for 59.4% of Vietnam’s total exports of wood and wood products. In 2022, the goal of the forestry sector is to maintain 42% forest coverage and improve forest quality. China has 230000 hectares of concentrated forests and 122 million scattered forests.

The total export turnover target in 2022 is US $16 billion. In the context of novel coronavirus pneumonia continues to affect the industry’s activities and production, some representatives said it is necessary to continue to intensify efforts to put forward new initiatives, especially to publicize and mobilize real enterprises. Well abide by the provisions of the law on the origin and origin of products; Strictly deal with commercial fraud.