Wood imports into Vietnam from South East Asian countries increasing

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According to Vietnam’s General Department of Customs, imports of wood from South East Asia in the first three months of 2022 was 208,580m3 and valued at US$72.72 million, down 23.5% in volume and 5.9% in value over the same period in 2021.

Imports of wood from South East Asia in April 2022 amounted to 88,000m3, worth $31m, up 24% in volume and 17% in value compared to March 2022. The total imports from this market region in the first four months of 2022 reached 296.58 thousand m3, worth $103.72m, down 21.5% in volume and 5.6% in value compared to the same period in 2021.

SE Asia suppliers

In the first three months of 2022 Vietnam’s imports of wood from South East Asia decreased due to a drop in shipments from Thailand, Malaysia, Cambodia, Indonesia and Singapore.

In contrast, imports from Laos continued to increase. The detailed information and data on wood imports from this region is as follows:

Thailand: Thailand is a major supplier of wood material, mostly wood-based panels, for Vietnam. Imports from Thailand in March 2022 reached 36,002m3, worth $9.79m, down 23% in volume and 5% in value compared to February 2022 and decreased by 54.4% in volume and 45.5% in value compared to March 2021.

In the first three months of 2022 imports of wood from Thailand reached 126,390m3, worth $31.14m, down 29% in volume and 21% in value over the same period in 2021.

Wood materials imported from Thailand are mainly fibreboard and particleboard accounting for 97% of the total wood imported from this source.

Laos: The Laos government has issued regulations to reinforce the control of logging as well as the inspection of timber transportation and trade.

Accordingly, except for wood harvested from planted forests, export of all wood materials of natural forest is banned. However, roundwood and sawnwood derived from natural forests in Laos continues to pose a threat for Vietnam’s wood industry.

Imports of wood from Laos in March 2022 amounted to 23,640m3 worth $12.74m, up 135% in volume and 126% in value compared to February 2022 and increased by 95.7% in volume and 102.9% in value compared to March 2021.

Over 90% of the wood imported from Laos into Vietnam in the first three months of 2022 was sawnwood that amounted to 51,300m3 worth $31.14m, up 89% in volume and 73% in value compared to the same period in 2021.

Imports of round wood from Laos in the first three months of 2022 were 4,450m3, worth $980,000, up 42% in volume and 74% in value over the same period in 2021.

Malaysia: Vietnam’s wood imports from Malaysia in March 2022 reached 5,685m3 worth $2.04m, up 190% in volume and 163% in value compared to February 2022 showing a decrease of 42% in volume and 34% in value compared to March 2021.

The accumulated imports of wood materials of all kinds from Malaysia over the first months of 2022 reached 11,580m3 worth $4.13m, down 61% in volume and 52% in value compared to the same period in 2021.

The three major types of wood materials imported from the South East Asia into Vietnam are fibreboard, particleboard and sawnwood.

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