ITTO releases latest report on world timber situation, showing surge in furniture exports

2023-09-28

28 September 2023: A major new analysis of global timber sector trends has found that exports by ITTO producer countries of secondary processed wood products have soared, reaching a value of USD 36.5 billion in 2022, up by nearly 40% compared with 2020 (USD 26 billion). A large part of this trade (USD 12 billion) comprised wooden furniture exported from Viet Nam to the United States of America.