Vietnam: Vietnam Wood Processing Industry
Link to report:
While currently facing difficulties stemming from the COVID-19 pandemic, Vietnam has a thriving wood processing sector that is heavily import-dependent. In 2019, U.S. exports of forest products to Vietnam reached $350 million, and Vietnam was the 3rd largest market in the world for U.S. hardwood exports. U.S. softwood is still new to the Vietnam market, but Post expects market share to grow as Vietnam expands its use of softwood in furniture and construction.
