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Forestry exports up 47% in Jan-Feb

Updated: 14:26, 11/03/2024
Vietnam earned 2.68 billion USD from forestry exports in the first two months of 2024, up 47.4% year-on-year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development.

The sector enjoyed a trade surplus of about 2.46 billion USD in the period.

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Forestry exports up 47% in Jan-Feb.

This year, the agriculture sector is striving for 15.2 billion USD in forestry exports, of which 14.2 billion USD will come from the export of wood and wood products, up 6% year-on-year.

To that end, the industry will strictly control and manage imported wood, ensure wood is of legal origin before processing, and encourage the use of raw wood sources from domestically grown forests.

In addition, it will promote trade promotion activities, develop markets in new potential regions, and organise international fairs, while encouraging wood processing and exporting enterprises to link with forest growers in production chains.

Large-timber forest area to be expanded to 1 million ha by 2030
The Ministry of Agriculture and Rural Development (MARD) set a target of growing about 1 million ha of large-sized timber forests nationwide by 2030.
Agro-forestry-aquatic exports up 79% in January
Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.
Vietnam fully taps CPTPP to push agro-forestry-fishery exports
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
Agro-forestry-fishery sector posts trade surplus of over 12 bln USD in 2023
Vietnam’s agro-forestry-aquatic product exports enjoyed a record trade surplus of 12.07 billion USD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's total trade surplus, heard a press conference in Hanoi on December 29.
FTAs help Bac Giang bring agro-forestry products to world
BAC GIANG - Participating in free trade agreements (FTAs), especially new generation ones, has helped promote production, export and import activities throughout the country. FTAs also offer opportunities for businesses and cooperatives in Bac Giang province to step up production and processing of goods, especially agro- forestry products, to meet international integration requirements.

Source: VNA

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