Wood & wood products industry report – Q3/2025
- duyenthu.vietdata
- 5 hours ago
- 1 min read
From the beginning of Q3 to date, growth in Vietnam’s wood and wood products industry has moderated compared with the first half of the year, reflecting the combined impact of U.S. tariff measures and softening demand in several key export markets.
On a cumulative basis over the first ten months of 2025, total industry exports exceeded USD 14 billion (+6% YoY). Wood products accounted for more than 68% of total export value, growing +5.2% YoY. Strong-performing product segments included wood pellets, wooden-frame chairs, office furniture, wood/plywood/flooring, and wooden handicrafts, with growth ranging from +12% to +38% YoY.
Exports to the United States continued to rise (+6.2% YoY), supported by solid momentum recorded in 1H/2025. Shipments to Japan, the EU, ASEAN, and Canada posted robust growth of +11–25% YoY, while exports to China and South Korea declined by 7–9% YoY.
Looking ahead, the industry outlook for the final two months of the year remains under pressure, despite some supporting factors from domestic demand and the wood pellet manufacturing segment.
Source: Wood & wood products industry report – Q3/2025