Vietnam’s wood products export target for 2022 is US$16 billion. After the export turnover of forest products (mainly timber and wood products) reached a record US$15.87 billion in 2021, Vietnam’s wood industry has set a total export value of 160 million US dollars in 2022. Billion dollars' goals.
In 2021, the export of forest products is 15.87 billion US dollars, an increase of 20% over 2020 (only the export of wood and wood products is 14.72 billion US dollars); the annual trade surplus is 12.94 billion US dollars, an increase of 21.2% over the previous year; forest environmental service income reaches 3.15 trillion Vietnamese Shield; forest coverage rate is about 42.02%, an increase of 0.01% from 2020, equivalent to 3,300 hectares.
In the export market, the United States is currently the largest export market for Vietnamese wood and wood products. In 2021, the United States will spend US$9 billion on Vietnamese wooden furniture, a 24.6% increase over 2020, accounting for 59.4% of Vietnam's total exports of wood and wood products. In 2022, the goal of the forestry department was to maintain 42% of forest coverage and improved forest quality. National afforestation of 230,000 hectares of concentrated forests and 122 million scattered forests.
The total export turnover target in 2022 is 16 billion US dollars. Against the backdrop of the Covid-19 pandemic continuing to affect industry activities and production, some delegates said it was necessary to continue to intensify efforts and come up with new initiatives, especially to publicize and mobilize genuine businesses. It is very good to comply with the law on the provisions of the products of the products and origin; strictly handle commercial fraud.