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Wednesday, July 24, 2024

Vietnam emerges as biggest ASEAN wood products exporter to Australia

By T.Dao

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HCMC – Vietnam became the biggest ASEAN exporter of wooden products to Australia in November 2022, with US$205.6 million, up 26.4% over the same period last year, according to the Agency of Foreign Trade under the Ministry of Industry and Trade.

Australia has prioritized the import of wood frame chairs and wooden furnishing items for the living room, dining room and bedrooms.

As Australia applies strict standards on certification, product quality and exporting processes, Vietnamese exporters should focus on product quality instead of prices, keep up with customers’ demands and build a brand name for the products.

According to statistics of the General Department of Vietnam Customs, Vietnam’s 2022 exports of interior wooden furnishing items for offices reached US$370.3 million, declining 15.9% against 2021.

Of which, the U.S. was the biggest importer of Vietnamese-made wood products for the office at US$225.4 million, followed by Japan at US$67.7 million and China at US$15.9 million.

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