HS 44, which covers wood and articles of wood, along with charcoal derived from wood, represents a vital part of Vietnam’s export market. As of August 2024, the total export value to the United States reached an impressive $316,539,834. This article explores the key wood types, top exporters and importers, and the main USA seaports involved in this trade.
Overview of HS 44 Exports from Vietnam to the USA
The data provided by Vietnamwood indicates robust growth in the HS 44 category exports, emphasizing the upward trends in demand and market presence in the USA. Major players like Fuming Vietnam LTD, Trieu Thai Son LTD, and Luc Sam LTD dominate the export sector in Vietnam. Meanwhile, the USA import market is led by Mustard Seed Forest Inc, Galleher Corp, and World Wide Wood LLC.
Top 10 Wood Types Exported from Vietnam
The report highlights the top wood varieties shipped to the USA, with Acacia taking the lead, followed by Pine and Eucalyptus. These wood types have been on a growth trajectory, with consistent export volumes throughout the year.
Subheading: “Top 5 Wood Types with Highest Monthly Export Value”
- Acacia – The most exported wood type due to its versatility and high quality.
- Pine – Valued for its adaptability in furniture and construction.
- Eucalyptus – Known for its sustainable production and diverse uses.
- Oak – Commonly used in furniture manufacturing.
- Manglietia – Prized for its durability and water resistance.
These wood types not only contribute significantly to the overall export value but also reflect a stable demand in the USA market.
Major Seaports in the USA Receiving HS 44 Exports
The report focuses on 11 key USA seaports that have received the bulk of Vietnam’s HS 44 exports up until August 2024. These ports serve as crucial gateways for distributing the imported wood across the USA.
Subheading: “Key Wood Types Imported by Seaport”
The leading wood type imported by almost all the ports is Acacia, followed closely by Pine. This trend is consistent across the USA, showcasing the popularity and demand for these specific wood types.
Acacia and Pine: The Dominant Wood Types
Acacia Imports Across Major Ports
Acacia remains the most popular wood type imported into the USA from Vietnam. The distribution across ports reflects a balanced demand:
Top importers for Acacia include leading companies in the USA, ensuring that this wood type finds its way into various industries, including furniture, construction, and more.
Pine Imports and Distribution
Pine stands as the second most imported wood type after Acacia. Its popularity is due to its versatile use in many products and its affordability:
Top importers of Pine benefit from its utility in large-scale manufacturing and home improvement sectors.
Trends in HS 44 Wood Export
- Significant Market Growth: The HS 44 Vietnam Export to USA 2024 has seen a substantial increase, with wood types like Acacia and Pine leading the charge.
- Consistent Upward Trend: Month-to-month data indicates a steady rise in export volumes, affirming Vietnam’s strong position in the global wood market.
- Sustainable Production: The focus on renewable wood types like Eucalyptus is driving sustainable practices in the export market.
Conclusion: A Promising Outlook for HS 44 Vietnam Export to USA
The export of wood and wood products (HS 44) from Vietnam to the United States showcases a thriving industry with strong growth potential. The high export value of $316,539,834 up to August 2024 reflects the continued demand and market expansion. With the USA being a major market for Acacia, Pine, and other wood types, the future looks promising for Vietnam’s wood export industry.
For detailed insights or business inquiries, reach out to Vietnamwood.
Read more detail about our report Here.
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