ABOUT VIETNAM’S FURNITURE INDUSTRY

Vietnam’s wood processing and furniture manufacturing have typical tradition in the history. And they are officially known as an industry about 20 years ago.

In 2017, the export value of timber, furniture & non-timber forest products of Vietnam is about $8 billion. Specifically, furniture reached 7,66 billion USD, up 10.2% over the same period last year.

In 2018, timber, furniture & non-timber forest products export value is expected to reach 9 billion USD, in which furniture is 8.66 billion USD.

Timber and furniture have become the 6th largest export category in Vietnam, accounting for 6% of the world market share, ranking 1st in ASEAN and 2nd in Asia and 5th in the World.