Uruguay Sees Vietnam as Potential Market for Forestry Products
Vietnam is emerging as a key importer of Uruguay’s forest products, according to statistics by the Association of Forestry Producers of Uruguay.
Vietnam ranked fourth among importers of sawn timber with the value making up 9 per cent of the South American country’s sawn timber export earning in the first six months of the year, behind the U.S. with 27 per cent; Spain, 17 per cent; and Belgium, 11 per cent.
The Southeast Asian country, meanwhile, took the lead in importing sandal-wood for making paper pulp.
Uruguay had earned US$450 million from forest export in the first six months of 2008, an increase of 40 per cent as compared with the same period last year, according to the association. (VNA)