Of the total, the export revenue of wood and wood products stood at US$3.699 billion, up 41.5% while the export revenue of other forestry products reached US$243 million, up 38.4% over the same period last year.

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Vietnam’s main export markets such as the US, Japan, China, the Republic of Korea and the EU, which account for 90% of Vietnam’s forestry export value, all reported high export growth rates in the first quarter of this year.

In the meantime, the import revenue from wood and wood products in the first three months of this year was estimated at US$696 million, up 31% over the same period last year.

The rise in the import value of wood and wood products was due to the increasing prices of raw materials and increasing import demand during the first months of the year.

Thus, the forestry industry has posted a trade surplus of US$3.248 billion in the first quarter of 2021, up 43.4% over the same period last year.

The Ministry of Agriculture and Rural Development has asked the forestry sector to implement the “dual goals” of preventing the Covid-19 pandemic and promoting the export of forestry products to achieve total export revenue of over US$14.5 billion for the entirety of 2021.

Forestry exports up 41.5% in Q1

Vietnam earned about US$1.52 billion from wood and forestry exports in March, raising the value in the first three months of this year to over US$3.94 billion, up 41.5% year-on-year.

Vietnam targets $10 bln worth of fruit, vegetable exports

A fruit and vegetable sector development plan approved by the government seeks to increase exports to $8-10 billion by 2030.

Garment exports to Eurasian Economic Union might have exceeded quota

Some textile and garment items which are entitled to preferential tariffs in the Eurasian Economic Union under a bilateral free trade agreement exceeded the quota last year.

Bac Giang exports 3.5 tonnes of Chu noodles to Japan

(BGO) - The Trai Lam Thuan Huong Chu Noodle Cooperative in Nam Duong Commune, Luc Ngan district, Bac Giang province said it has just signed a contract with the Saigon Food Import and Export Joint Stock Company to sell 3.5 tonnes of vegetable, tuber and fruit Chu noodles for export to Japan.

Two more dairy firms licensed to export to China

The Chinese General Administration of Customs (GAC) has recently announced to grant transaction codes to two Vietnamese companies to ship dairy products to China, said the Ministry of Industry and Trade’s Department of Asia-Africa Markets.

Source: NDO