With stable growth in export value and an increasingly strong position in the international market, Vietnam’s wood industry has a great opportunity to reach 8 billion USD in 2025.
According to the Customs Department, Vietnam’s exports of wood and wood products in October 2025 were 1.53 billion USD. This is an increase of 12.5% compared to September 2025 and a decrease of 0.9% compared to October 2024.
In 10 months of 2025, wood and wood product exports reached 14 billion USD, an increase of 6% compared to the same period in 2024. Wood product exports alone reached 9.6 billion USD, an increase of 5.2% compared to the same period in 2024.
Vietnam’s exports of wood and wood products reached 14 billion USD in 10 months.
In the structure of the export market for the first 10 months of this year, the US and Japan remain the two key markets of the wood industry. Exports to Japan reached 1.77 billion USD, an increase of 24.5%, accounting for 12.6%.
The high growth in wood and wood product exports to Japan shows stable demand for legally sourced, environmentally friendly wood products. This is considered a strength of Vietnamese businesses.
In addition to the two main markets, the wood industry continues to maintain stable exports to other markets such as China, South Korea, Canada, the UK, and Australia. Especially, exports to Canada and the UK recorded positive growth.
Notably, furniture from Vietnam continued to increase its market share in the EU, thanks to meeting the standards for quality, design, and sustainability in supply chain applications. This creates an opportunity to expand Vietnam’s wood industry exports to the EU market in the coming time.
Vietnam’s wood industry is expected to reach the 8 billion export milestone in 2025. To achieve this goal, the industry needs to speed up in the fourth quarter, when export demand increases seasonally. But it is also the most competitive period for orders and logistics costs.
To maintain and expand growth momentum in the coming time, the wood industry needs to strengthen the exploitation of markets with stable growth demand, such as Japan, Canada, and the EU.
Furthermore, businesses need to improve their capacity to meet environmental regulations and carbon emissions (CBAM, EUDR), promote the application of cleaner production technologies, optimize costs, and enhance the added value and competitiveness of export products.