Woodwork Export to Germany Forecast to Fall 5.29% in 2009
Vietnam’s export of woodwork products to Germany will decrease 5.29% in 2009 due to bad impacts of the global economic downturn, the Information Center for Agriculture and Rural Development (Agroinfo) forecast.
In the first eight months of 2009, Germany imported US$66 million worth of woodwork from Vietnam, down 6.49% from a year earlier.
Its woodwork exports to the European country are forecast to fall 1.23% next year, down from 2009, the center said.
In 2008, Germany was the biggest importer of Vietnamese woodwork in EU bloc with revenue of US$129 million. (
www.agro.gov.vn))
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