10
2023
-
05
[Cross-border Trade News] 6.7% growth! Vietnam Furniture exports $15.8 billion in 2022!
Author:
Latest statistics from Vietnam's General Administration of Customs show that Vietnam's exports of wood and wood products are expected to reach $15.8 billion in 2022, up 6.7 percent year on year, Viet Tong News reported. At the same time, Vietnam's imports of wood and wood products increased by 4.1 percent to $2.8 billion. The trade surplus is expected to be $14.1 billion, up 6.5% from last year.
![[Cross-border Trade News] 6.7% growth! Vietnam Furniture exports $15.8 billion in 2022!](/npublic/img/s.png "[Cross-border Trade News] 6.7% growth! Vietnam Furniture exports $15.8 billion in 2022!")
Latest statistics from Vietnam's General Administration of Customs show that Vietnam's exports of wood and wood products are expected to reach $15.8 billion in 2022, up 6.7 percent year on year, Viet Tong News reported. At the same time, Vietnam's imports of wood and wood products increased by 4.1 percent to $2.8 billion. The trade surplus is expected to be $14.1 billion, up 6.5% from last year.
picture
Over the past three years, the pandemic and global value-adding turmoil have severely impacted the furniture supply chain. However, against the background of raw material supply shortage, rising logistics cost and labor shortage, the export figures of Vietnam's furniture industry still maintain the growth trend.
According to the Vietnam Forestry Service, the export growth of timber and wood products projects has been growing for more than 20 consecutive years, from US $220 million in 2000 to US $15.8 billion in 2022, and is an increase not seen in any domestic industry in Vietnam.
Pei Zhengyi, director general of Vietnam Forestry Administration, said that since 2022, the global timber market has been affected by the epidemic and the Russia-Ukraine incident. Compared with the performance of the first half of the year, Vietnam's timber market has experienced a difficult moment in the second half. Rising global inflation has negatively impacted Vietnamese furniture industry orders in the final months of 2022, putting exporters in a critical situation. However, thanks to the concerted efforts of industry players, the industry is gradually getting closer to the target set in early 2022.
Vietnam's exports of wood and wood products were worth about $14.6 billion in the first 11 months of this year, up 9 percent from a year earlier. In November alone, exports were $1.1 billion, down 14.6 percent year on year. Exports fell further in December, pushing full-year growth back to 6.7 per cent.
Nuestros principales productos incluyen cama de metal, cama tapizada, juegos de comedor y productos de acero inoxidable. Nuestros clientes están en toda Europa, Amé rica del Norte y Oriente Medio, etc Estamos comprometidos a ser su socio de confianza en el futuro.
Llámenos
Correo electró nico
Dirección
606, Edificio A, Fuli Center, Intersección de Jiangxi Road y Nanchang Road, Distrito de Hexi, Tianjin