Dong Nai registers rise in wood exports

Tuesday, Dec 09, 2014 08:12

Workers at Scansia Pacific Wood Factory in southern Dong Nai Province. Wood products are one of the province's four largest foreign currency earners. — VNA/VNS Photo Thanh Vu

DONG NAI (Biz Hub) — The southern Dong Nai province exported wood products to 80 markets worldwide, earning US$884 million, during the first 11 months of this year, up 9.1 per cent year-on-year.

According to Le Van Danh, director of the provincial Industry and Trade Department, the figure for November alone was $103 million, an increase of 17 per cent 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 largest export markets of Dong Nai wood products are: the United States, which bought $568 million worth of goods in the reviewed period; Japan with $103 million; the Republic of Korea (RoK) with $88 million; Canada with $37 million; Australia with $29 million; and the United Kingdom with $26 million.

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

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

The provincial Industry and Trade Department projected that wood product exports will keep growing in 2015, as several local enterprises have received orders till the second quarter next year. — VNS

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