Vietnam’s wood and wood product exports maintained their growth momentum in 11 months of 2025, reflecting the sector’s solid recovery and strong adaptability amid continued volatility in the global economy.

According to the Import-Export Department, citing statistics from the General Department of Customs, Vietnam’s exports of wood and wood products in November 2025 reached USD 1.48 billion, down 3.3% from October 2025 but up 0.7% year on year. Of this total, exports of wood products were valued at USD 1 billion, down 4.3% month on month and 2.5% compared with November 2024.

Cumulatively, in 11 months of 2025, Vietnam’s exports of wood and wood products totalled USD 15.5 billion, representing a year-on-year increase of 5.4%. Exports of wood products alone reached USD 10.6 billion, up 4.5% compared with the same period in 2024.

Overall, export growth over the 11-month period underscored the Vietnamese wood processing industry’s effective recovery and resilience in the face of global economic fluctuations.

Export markets continued to be concentrated in traditional destinations, with the US, Japan and China accounting for a combined 79.8% of total export value. The US remained Vietnam’s largest export market, with shipments valued at USD 8.6 billion, equivalent to 55.5% of total exports. Notably, exports to the US grew by 5.4%, matching the sector’s overall growth rate.

Japan recorded the strongest growth among major markets, with exports surging by 24.9% to USD 1.96 billion. As a result, Japan’s share of Vietnam’s total wood and wood product exports rose significantly from 10.7% in the first 11 months of 2024 to 12.6% over the same period in 2025, indicating expanding penetration into this Northeast Asian market.

Exports to several other markets also posted positive growth during the first 11 months of 2025, including Canada, the UK, Malaysia and Australia. However, shipments to a number of key markets declined. Exports to China reached USD 1.8 billion, down 3.8% year on year; those to the Republic of Korea totalled USD 644.6 million, down 10.9%; exports to India fell sharply by 40.1% to USD 104.4 million; and shipments to France declined by 6.3% to USD 97.6 million.

Overall, Vietnam’s wood industry recorded a relatively successful performance in 2025, with export growth of 5.4% in the first 11 months. However, to sustain long-term development and achieve full-year export targets, enterprises will need to continue upgrading technologies, improving product quality and adopting more flexible market strategies.

According to statistics from the US International Trade Commission, the US imports of wooden furniture in August 2025 amounted to USD 1.6 billion, down 8.5% compared with August 2024. In the first eight months of 2025, total US imports of wooden furniture reached USD 13.5 billion, a decrease of 2.6% year on year.

The sharp decline in the US imports of wooden furniture from China and North American suppliers during the first eight months of 2025 has created significant opportunities for the Southeast Asian countries, particularly Vietnam, to expand their market share. Vietnam has continued to consolidate its position as the largest and most important supplier of wooden furniture to the US market, accounting for 45.3% of total US import value, equivalent to USD 6.1 billion, up 9% compared with the same period in 2024.

By contrast, the US imports of wooden furniture from China fell to USD 1.4 billion, down 36% year on year, with China’s share declining from 15.8% to 10.4% during the first eight months of 2025. Mexico followed with USD 932.2 million, down 13.4%, while imports from Canada reached USD 927 million, down 11.5%.