The figures were revealed at a conference held by the Vietnam Administration of Forestry on December 28.
Bui Chinh Nghia, deputy head of the Vietnam Administration of Forestry, said that Vietnam’s forestry export value this year is estimated at 15.87 billion USD, a year-on-year rise of 20%.
Of the number, the export revenue of wood and wood products reached 14.72 billion USD, and that of non-timber forestry products was 1.15 billion USD.
In 2021, the total export value of wooden furniture and forest products is estimated at 15.87 billion USD. (Photo: sggp.com.vn)
In addition, forest environmental services revenue reached 3.115 trillion VND, exceeding 11% of the 2021 collection plan, an increase of 21% over the same period last year. The forest coverage rate so far has reached 42.02%, an increase of about 3,300 ha compared to 2020.
The sector accounted for over 30% of the country’s total agro-forestry-fishery export revenue, 4.7% of the country’s cumulative export value, and was among the seven items with export revenue exceeding 10 billion USD.
Notably, it significantly contributed to the trade surplus of the agro-foresry-fishery sector.
To ensure materials for processing, domestic firms also imported wood and wood products worth around 2.93 billion USD, up 14.2 percent from the corresponding time last year.
In 2022, the sector aims to plant 230,000 hectares of concentrated forests and 122 million scattered trees; exploit 31.5 million cubic meters of timber and achieve export value of 16 billion USD for the whole year./.