Vietnam's Wood Exports Hold Steady As Trade Pressure Grows
Vietnam's exporters have targeted at least 45 new markets to reduce their exposure to U.S. tariffs, which include antidumping and countervailing duties on hardwood plywood. Vietnam's wood and wood product exports reached $1.43 billion in April, up by 3% vs. March but down by 1% vs. last year. Exports from January through April totaled $5.4 billion, up by 0.4% vs. last year; furniture exports reached $3.1 billion, down by 6%.
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