According to statistics from Vietnam General Department of Custom wood and wood product (W&WP) exports to the US in July 2023 were valued at US$609.3 million, down 11% compared to July 2022. In the first 7 months of 2023 W&WP exports to the US were recorded at US$3.9 billion, down 30% over the same period in 2022.

In July 2023 exports of kitchen furniture reached US$108 million, up 2.8% compared to June 2023, the third consecutive monthly increase. However, when compared to July 2022 the export value decreased by 14%.

In the first 7 months of 2023 the exports of kitchen furniture totalled US$633.2 million, down 24% over the same period in 2022.

Vietnam's office furniture exports in July 2023 were valued at US$25 million, down 25% compared to July 2022. In the first 7 months of 2023 office furniture exports totalled US$148 million, down 34% over the same period in 2022.

Imports of logs and sawnwood from Southeast Asia in July 2023 fell for the second consecutive month reaching 65,000 cu.m, worth US$19.0 million, down 11% in volume and 5% in value compared to June 2023 and also down 7% in volume and 21% in value compared to July 2022.

In general, in the first 7 months of 2023 imports of wood raw material from Southeast Asia reached 478,600 cu.m, down 8% year on year.

Vietnam’s imports of logs and sawnwood from Africa in June 2023 dropped to 43,880 cu.m, worth US$15.79 million, down 48% in volume and 56% in value compared to May 2023 and also down 61% in volume and 63% in value compared to June 2022. Overall, in the first 6 months of 2023 total imports of wood raw material wase 413,080 cu.m, worth US$164.72 million, down 28% in volume and 23% in value over the same period in 2022.