July 10, 2025 | 01:06 GMT +7
Hotline: 0913.378.918
July 10, 2025 | 01:06 GMT +7
Hotline: 0913.378.918
Australia increased purchases of Vietnamese wooden furniture while sharply decreasing import from China.
According to International Trade Centre (ITC), in January 2022, Australia sharply decreased its imports of wooden furniture from China, the largest wooden furniture supplier market.
Specifically, China’s wooden furniture imported into Australia reached $101.3 million, down 19.8% compared to December 2021, down 12.1% compared to January 2021. China import’s proportion accounted for 66.9%, down 2.9 percentage points compared to the same period in 2021.
While reducing imports from China, Australia increased imports from Vietnam, the second-largest supplier of wooden furniture, in January 2022, import from Vietnam reached $19.2 million, up 16.8% compared to December 2021, up 0.1% compared to January 2021.
Vietnam import’s proportion accounted for 12.7% of Australia's total wooden furniture import, up 1.1 percentage points over the same period in 2021.
Australia is one of the 10 largest markets for Vietnam's wood industry. In 2021, the export value of wood and wood products to Australia reached $169 million.
Translated by Hoang Duy
(VAN) Squid and octopus exports have accelerated since the beginning of the year, with expectations to reach the USD 700 million milestone, driven by recovering demand and positive signals from both traditional and emerging markets.
(VAN) Shrimp export growth in May was positive, but businesses are concerned that the recovery momentum in the second half of the year may stall due to uncertainty surrounding U.S. tax policy.
(VAN) To enable Vietnamese fruits to reach further and enter more markets beyond China, specific solutions in production and market development are needed.
(VAN) Vietnamese rubber products that comply with the EU Deforestation Regulation (EUDR) are currently enjoying favorable market demand.
(VAN) Many farmers in Lam Dong province have gained the confidence to tap into even the most demanding markets by growing dragon fruit in accordance with GlobalGAP standards.
(VAN) Minister Do Duc Duy affirmed that Ministry of Agriculture and Environment will coordinate with the Italian side to resolve technical obstacles and promote bilateral trade.
(VAN) Thailand's durian exports to China fell by approximately 3% from January to June 2025 compared to the same period last year, according to data from Thailand's Department of Agriculture as reported by Bangkokbiznews.
