VIETNAM’S 5-MONTH WOOD EXPORTS SURPASS $7 BILLION AMID SHIFTING MARKET STRUCTURES

Vietnam’s wood and wood product exports reached more than USD 7.01 billion during the first five months of 2026, up 2.9% year-over-year. While the United States remained the country’s largest export destination, its share continued to decline as shipments to China and several European markets recorded strong growth.

Export Performance Remains Positive

According to Vietnam Customs data, the country’s wood and wood product exports totaled USD 7.02 billion during the first five months of 2026, representing a 2.9% increase compared to the same period in 2025.

The United States remained Vietnam’s largest export market, generating USD 3.48 billion and accounting for 49.6% of total export value. However, exports to the U.S. declined by 8.0% year-over-year, reducing its share from 55.5% to 49.6%.

China emerged as one of the strongest growth markets, with export turnover reaching USD 1.05 billion, up 49.0% from the previous year. As a result, China’s share of Vietnam’s wood exports increased from 10.4% to 15.0%.

Japan maintained its position as the third-largest market, with exports valued at USD 904.8 million, an increase of 5.1% year-over-year.

Vietnam’s Wood and Wood Product Exports by Market (First Five Months of 2026)

Export Market Structure Continues to Evolve

Recent trade data indicates that market diversification is becoming increasingly evident across Vietnam’s wood industry.

In addition to China, several export destinations posted significant growth:

The Netherlands: +114.1%
China: +49.0%
Germany: +42.3%
United Kingdom: +13.8%
Malaysia: +12.9%

Meanwhile, exports to several markets declined compared to the same period last year:

South Korea: -16.5%
United States: -8.0%

Although export volumes to Europe remain smaller than those to the United States and China, the strong growth recorded in the Netherlands, Germany, and the United Kingdom highlights substantial opportunities for market expansion. This trend is particularly important as manufacturers seek additional growth drivers beyond their traditional export destinations.

Structure of Vietnam’s Wood Export Market (First 5 Months of 2026)

Market Diversification Requires Greater Supply Chain Flexibility

As wood manufacturers expand into a broader range of international markets, supply chains must be capable of supporting increasingly complex operational requirements, including:

More trade lanes and destination markets
Reliable transit times
Effective logistics cost management
Compliance with country-specific import regulations
Multi-market documentation and customs requirements

This is especially relevant for the wood industry, where many shipments involve high-value cargo and strict delivery schedules for overseas distributors, retailers, and interior furnishing projects. In such an environment, maintaining a stable and efficient logistics network becomes an important factor in sustaining competitiveness.

Vantage Logistics Supports Vietnam’s Wood Exporters

With more than 24 years of experience in international logistics, Vantage Logistics helps wood and wood product exporters develop supply chain solutions aligned with their global market expansion strategies.

Vantage Logistics provides a comprehensive range of services, including:

FCL and LCL ocean freight solutions to key export markets across North America, Europe, and Asia
Air freight services for time-sensitive shipments
Export customs clearance and documentation management
Domestic transportation, cargo consolidation, and multimodal connectivity
End-to-end logistics solutions from factory to final delivery point

For companies expanding their international operations, Vantage Logistics also offers value-added supply chain solutions, including warehousing, fulfillment, order management, and destination distribution through a network of strategic partners and warehouse facilities. These capabilities help reduce delivery lead times and improve responsiveness to customer requirements in overseas markets.

As export markets become increasingly diversified, effective management of cargo flows, inventory, and delivery schedules can help businesses enhance customer service, optimize operating costs, and improve flexibility when entering new markets.

To learn more about Vantage Logistics’ solutions for the wood and wood products industry, contact our team for consultation tailored to your export requirements.

Contact Vantage Logistics for tailored transport solutions and competitive quotations.

Please provide details on cargo type, market, origin, destination, and estimated timeline.

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