Forestry exports estimated at 6.64 billion USD in nine months

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According to the Vietnam Administration of Forestry under the Ministry of Agriculture and Rural Development, the trade surplus of main forestry products is estimated at 4.97 billion USD, with 4.64 billion USD contributed by export of wooden products.

Export revenue of forestry products between January and September is estimated to surge 14 percent year on year to 6.64 billion USD.

The US, Japan, the EU, China and the Republic of Korea (RoK) remain the largest importers of Vietnamese forestry goods. Export revenue to those countries hit 5.17 billion USD, or 86.72 percent of total forestry export value.

Robust growth was seen in some traditional markets like China (6.5 percent), the EU (5 percent), Japan (10 percent), the RoK (52 percent) and the US (15.5 percent).

The administration said the country has planted 161,207 hectares of forest so far this year, up 7.5 percent from the same time in 2017 and 75.1 percent of the yearly plan.

As of September 20, the country had collected 1.79 trillion VND (76.97 million USD) from forest environment service fees, 77.2 percent of the yearly plan and up 76 percent from the same time last year.

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