Vietnam optimistic about the positive growth in furniture exports to Europe
Vietnam's wooden products exports are continuously emerging in the global market. Vietnam's furniture exports are continuously increasing at an annual rate of 10%. Vietnam customs data reports show that around $16 billion of wooden products exports were recorded during fiscal year 2022. From $12 billion exports in FY 2020 to $14 billion exports in FY 2021, Vietnam has done significantly well in the forest products exports sector. European Union countries are the biggest market for Vietnam's wooden products exports, accounting for over 90% export share. After the EU, other major markets for Vietnam's wooden products exports are the United States, Japan, South Korea and China. Although, Vietnam 's wooden products exports during the first eight months of FY 2023. Vietnam is working on reviving its wooden products exports this year. According to Vietnam import export data , the United Kingdom which is the biggest market for Vietnam's wooden products exports have