New Tariff Pressures Spark Shift In Vietnam's Wood Industry
Posted On
April 17, 2025
Last year, Vietnam exported more than $9 billion of wood products to the U.S., about 40% of all U.S. wood products imports. Wood products are a top contributor to Vietnam's trade surplus. In contrast, Vietnam imports only about $323 million of U.S. timber each year, $300 million of which is in raw materials like oak and ash. These are processed into finished goods and re-exported, often back to the U.S.
Read more: New Tariff Pressures Spark Structural Shift in Vietnam's Timber Sector →