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24    FOCUS                                                                       SEP/OCT 2026 FDM ASIA | www.fdmasia.com






         Pixabay via Picryl.com                              metres, valued at US$195.09 million, up 21 percent in volume
                                                             and 23 percent in value year-on-year.
                                                             • Vietnam’s exports of W&WP to Canada have been estimated
                                                             at US$28 million in July 2026, up four percent from June 2026
                                                             and 19 percent from July 2025.
                                                                In the first seven months of 2026, W&WP exports to

                                                             Canada have been estimated at US$173 million, an increase
                                                             of nine percent compared with the same period in 2025.
                                                             • Vietnam’s exports of kitchen furniture have been estimated at
                                                             US$119 million in July 2026, down 16 percent from July 2025.
          from June 2026 and up nine percent from July 2025.    In the first seven months of 2026, kitchen furniture exports
            Of this total, WP exports amounted to US$1.05 billion,   have been estimated at US$705 million, a decrease of 15
          increasing by six percent month-on-month and three percent   percent year-on-year.
          year-on-year.                                      • Vietnam’s imports of pine wood have been estimated at
            In the first seven months of 2026, Vietnam’s W&WP exports   135,000 cubic metres in July 2026, valued at US$26.6 million.

          totalled US$10.2 billion, up six percent from the same period   This represented increases of 19 percent in volume and
          in 2025. Of this, WP exports reached US$6.57 billion, down   13 percent in value compared with June 2026 and increases
          one percent year-on-year.                          of 22 percent in volume and 24 percent in value compared
          • Vietnam’s W&WP exports to the EU reached US$65 million   with July 2025.
          in July 2026, down 16 percent from June 2026 but up 26   In the first seven months of 2026, Vietnam’s pine wood
          percent from July 2025.                            imports have been estimated at 756,300 cubic metres, valued
            In the first seven months of 2026, W&WP exports to   at US$148.9 million, up 29 percent in volume and 26 percent

          the EU totalled US$540 million, an increase of 55.2 percent   in value compared with the same period in 2025.
          compared with the same period in 2025.
          • Vietnam’s exports of bedroom furniture have been valued   Businesses ‘thirsty’ for raw materials for added value
          at US$175 million in July 2026, up five percent from June   production
          2026 but down two percent from July 2025.          Although Vietnam's wood industry has exported to more than
            During the first seven months of 2026, bedroom furniture   140 countries and territories many businesses believe that
          exports totalled US$1.10 billion, down five percent year-on-year.   the industry's growth potential is being limited by the raw
          • Vietnam’s imports of wood raw materials from the EU have   material supply issue.
          been estimated at 125,000 cubic metres in July 2026, valued   Mr. Pham Thanh Long, Director of Raw Material Procurement

          at US$38.17 million.                               at Trieu Thai Son, stated that the company currently operates a
            This represented increases of 11 percent in volume and   deep processing plant with a capacity of approximately 15,000
          11 percent in value compared with June 2026 and increases   cubic metres of plywood and particleboard per month using
          of 23 percent in volume and 26 percent in value compared   entirely domestic raw materials and providing employment
          with July 2025.                                    for over 1,000 workers.
            In the first seven months of 2026, imports of wood raw   However, according to Mr. Long, the biggest challenge
          materials from the EU have been estimated at 638,800 cubic   currently is the lack of a stable, high-quality source of raw
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