Report says Vietnam's furniture exports up 20% this year
Furniture Today Staff -- Furniture Today, August 1, 2011
HO CHI MINH CITY, Vietnam — Rising global demand is expected to keep Vietnam's indoor and outdoor furniture industry healthy through year end, according to a report from the Kearny Alliance published in Viet Nam News.
Citing the report, the publication said that exports of indoor and outdoor furniture have expanded by 20% so far this year. Wood product exports alone were valued at about $1.4 billion during first five months of this year, a 17% increase from the same period in 2010, the paper reported.
Total exports of wood products, including furniture, were on target to reach $4.1 billion, up 24% over last year according to the Vietnam Timber and Forest Product Assn., the paper reported.
The Kearny Alliance report said that Vietnam-made wood products are sold to about 120 nations and territories. Key foreign markets for wood products were listed as North America, Europe and the Asia Pacific region.
The Kearny Alliance report also is available for purchase. For details, visit http://www.chinasourcingreports.com/csr/vietnam-indoor-outdoor-furniture.
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