MARKET UPDATES

Vietnam’s Wood Exporters Under Pressure as U.S. Imposes Up to 50% New Tariffs

Vietnam’s wood industry is facing strong pressure as the U.S. imposes new tariffs of up to 50% on furniture and wood products. The move threatens profits and exports while forcing Vietnamese companies to adapt through market diversification, supply chain transparency, and sustainable production — especially for wood pellet exporters seeking stability in the Korean and Japanese markets.

Vietnam wood exports 2025 — Trade performance & market outlook in the First Nine Months of 2025

Vietnam wood exports 2025 achieved solid growth in the first nine months, with exports reaching USD 12.4 billion, up 6.2% year-on-year. Despite global demand slowing, Vietnam continues to strengthen its position in major markets like Japan and Korea through sustainable production, product diversification, and active use of free trade agreements.

Vietnam’s wood pellet production and export performance in the first 8 months of 2025

In the first eight months of 2025, Vietnam’s wood pellet exports reached 5.46 million tons and USD 795.9 million, marking record growth. Strong demand from Japan boosted the industry, while South Korea slowed. Despite raw material challenges, Vietnam remains a leading biomass supplier with promising future opportunities

Vietnam’s wood pellet and wood chip export performance in the first half of 2024

In the first half of 2024, Vietnam demonstrated its significant role in the global biomass market, particularly in the export of wood pellets and wood chips. With an extensive forest area of over four million hectares, primarily consisting of acacia, pine, eucalyptus, and rubber trees, Vietnam has leveraged its forestry resources to become a key supplier of biomass products. These products serve various industries, including paper manufacturing, energy production, food processing, and animal husbandry. Among these, wood chips and wood pellets are Vietnam’s primary exports.

Biomass Fuel in Vietnam: A Sustainable Energy Future

Biomass fuel is gaining attention in Vietnam as a viable solution to the country’s energy challenges. With its abundant agricultural residues and increasing demand for sustainable energy, Vietnam is poised to leverage biomass as a key component of its renewable energy strategy. This article explores the potential, benefits, and future prospects of biomass fuel in Vietnam.