Dong Nai's wood products export increases

04:12, 08/12/2014

Dong Nai province has exported wood products to 80 markets worldwide, earning US$884 million during the 11 month period, up 9.1 percent year on year.

Dong Nai province has exported wood products to 80 markets worldwide, earning US$884 million during the 11 month period, up 9.1 percent year on year.

According to Le Van Danh, Director of the provincial Industry and Trade Department, the figure for November alone was US$103 million, an increase of 17 percent compared to the same month last year.

Wood products have become one of the four largest foreign currency earners of the provinces, besides footwear, garments and textiles, and fibre.

The biggest markets of Dong Nai wood products are the US which bought 568 million USD worth of goods in the reviewed period, Japan with US$103 million, the Republic of Korea (RoK) with US$88 million , Canada with US$37 million, Australia with US$29 million and the UK with US$26 million.

Chairman of the provincial Handicrafts and Wood Industry Association Phan Van Binh said the association has organised a number of trade promotion programmes with a view to supporting local businesses in studying markets and taking part in exhibitions and fairs.

He added that the member businesses are investing in planting forest in other provinces as well as in Laos and Cambodia, in order to ensure material supply for production.

The provincial Industry and Trade Department projected that wooden product export will maintain its growth in 2015 as a number of local enterprises have received orders until quarter II next year.

(Source: VNA)