Commodity Origins

How much plywood does Vietnam produce and export?

Vietnam is the nullth largest producer of plywood: 3.4 million m3 in 2024, 3% of the world's 113.3 million m3 (FAOSTAT forestry). It is the 3rd largest exporter by value: $1.2 billion in 2024, 7.4% of world exports of plywood and laminated panels (HS 4412) (CEPII BACI). Its biggest customer is the United States, which takes 42% of its plywood exports by value.

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Vietnam's plywood production

Vietnam plywood production, 2024
World rankProduction (m3)Share of worldTen-year growthYear
3.4 million m33%+20.3% a year2024

FAOSTAT Forestry production and trade (FO), 2024. World total is the sum of reporting countries.

Vietnam plywood production monthly prices, m3, Jan 1962 to Jan 2024Line chart of vietnam plywood production monthly prices in m3 from Jan 1962 to Jan 2024: Vietnam plywood production from 1,100 to 3,354,000, peaking at 3,650,000.01,000,0002,000,0003,000,0004,000,000196519701975198019851990199520002005201020152020m3
Vietnam plywood production

Share of world output over time

Vietnam's share of world plywood production in selected years
19902000201020202024
0.1%0.1%0.2%3.3%3%

Average annual share by decade: 1960s <0.1%, 1970s <0.1%, 1980s 0.1%, 1990s 0.1%, 2000s <0.1%, 2010s 0.6%, 2020s 3%. See the concentration-over-time report.

Vietnam's plywood exports

Vietnam exports of Plywood, veneered panels and similar laminated wood, 2024
World rankExport valueShare of world exportsQuantity (tonnes)Average value per tonneYear
3$1.2 billion7.4%1.4 million t$9072024

CEPII BACI international trade database (HS22, V202601), HS 4412 (Plywood, veneered panels and similar laminated wood).

Where Vietnam's plywood goes

Largest destinations of Vietnam's plywood exports, 2024
DestinationValueShare of Vietnam's exports
United States$521M42%
South Korea$196M16%
Malaysia$153M12%
India$97M7.8%
Japan$95M7.6%

Largest five destinations of 4,217 exporter-importer pairs BACI reports for 2024. See trade flows.

The plywood price Vietnam sells into

The benchmark price, Africa and Southeast Asia, Tokyo import, was 349.1¢/sheet in September 2026, down 5% over twelve months. Its five-year volatility is 9% a year, calmer in 48% of its earlier five-year windows. A single country's export price can differ from the benchmark: see trade price against benchmark. Monthly averages lag the market and are not investment advice. Plywood price history.

Cite as: Commodity Origins, "Vietnam plywood: production, exports and prices", https://commodityorigins.com/countries/VNM/plywood/ (CC BY 4.0). Rankings count only countries reporting to the sources named; this page is shown only for top-five producers or exporters with at least 3% of the world total. Report an issue with this page.