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Flickr According to Vietnam Customs' data, this marks the first
time the wood industry has surpassed the $17 billion threshold,
a remarkable milestone in what has been considered one of
the most challenging years for the sector.
In 2025, exports of wood and wood products to the
US reached $9.46 billion, up 4.4 percent from 2024 and

accounting for about 55 percent of the industry’s total
export value. Notably, Vietnam continued to maintain its
position as the largest supplier of wooden furniture to
the US market.
According to data from the US International Trade
At the macro-geographical level, the European Union with Commission (USITC), in the first eight months of 2025, US
its 27 member states—which accounts for the largest share of imports of wooden furniture from Vietnam totaled $6.1 billion,
exports at €6.5 billion—recorded slight growth (+0.4 percent) up nine percent year-on-year, accounting for 45.3 percent of
despite the difficulties faced by France and Germany. total imports of this product category.

Markets outside the EU grew by 2.2 percent, driven in Meanwhile, imports from China fell sharply to just $1.4
particular by the United Kingdom and Canada, while Mexico billion, down 36 percent compared to the same period of
suffered a significant decline. 2024.
The Middle East as a whole recorded a decline of 3.1 Vietnam’s market share of wooden furniture in the US
percent, while growth in Asia fell by 8.4 percent due to the rose from 40.5 percent in the first eight months of 2024 to
economic slowdown in China. Africa, on the other hand, 45.3 percent in the same period of 2025, while China’s share
recorded double-digit growth (+15.4 percent), mainly attributable dropped from 15.7 percent to 10.4 percent. This widening

to Morocco and Libya. gap underscores Vietnam’s firm consolidation of its leading
“For the year 2026, we expect a stable first half and a supplier position in the US market.
potentially more dynamic second half,” Feltrin concluded. Beyond the US, exports of wood and wood products
“In a still uncertain environment, the challenge will be to to Japan grew strongly by more than 23 percent in 2025,
continue supporting companies in opening up new markets reaching $2.153 billion—surpassing the $2 billion mark for
and strengthening their competitiveness, with a focus on the first time and overtaking China to become Vietnam’s
quality, innovation, and research. The Salone del Mobile and second-largest export market.
the industry's international initiatives will play a strategic role Exports to China, though slipping to third place, still rose
in this.” slightly to $2.086 billion, marking the second consecutive year

above $2 billion.
Vietnam's wood exports reaches record-breaking $17 Together, the three “billion-dollar markets”, the US, Japan,
billion despite global challenges and China, accounted for nearly 80 percent of Vietnam’s total
Vietnam's exports of wood and wood products reached nearly wood and wood product export value in 2025.
$1.7 billion, bringing the total export value for the year to Other markets were much smaller in scale, such as South
$17.2 billion—an increase of almost six percent compared Korea with $709 million; Canada, $288 million; and the UK,
to 2024, as reported by vneconomy.vn. $244 million.