VIETNAM
INDUSTRY
RESEARCH
AND
CONSULTANCY

In the first 9 months of 2018, planted forest area decrease by 0.6% and the production of wood chips decrease by 6% compared to the same period last year. The production of artificial boards (including plywood, veneers, hardwood, plywood and similar materials) was estimated at 4,815 thousand m3.

The main products of Vietnam rubber industry are natural rubber, and most of the exploited output is used for exporting. The volume of natural rubber consumed domestically accounts only 20% of total natural rubber output in the country. In the first 9 months of 2018, the total natural rubber export volume reached 1.450 millions dollars. The total natural rubber imports reached 799 millions dollars. The average of rubber exports price decreased by 18.6% compared to the average price in 2017. Domestic rubber prices recorded a slight decrease according to the trend of the world market.

In recent years, Vietnam rice paddy industry have been through a difficult period. However, the agricultural production in the first 9 months of 2018 had a quite good result. The rice consumption of the 2018-2019 season is expected to increase slightly by 0.5%. Vietnam’s main export markets are Asia (accounting for 70%) and Africa (accounting for 14%). In the first 9 months of 2018, the rice export volume is estimated to increase by 6.7% and the rice export value is estimated to increase by 21.3% compare to the same period in 2017.