Vietnam’s plywood industry continues to serve major construction, furniture, packaging, and interior-design markets worldwide. In 2025, Vietnam exported approximately $1.047 billion worth of plywood and similar laminated wood products under HS Code 4412. This represented an increase of $17.96 million, or 1.75%, compared with 2024. However, exported quantity fell from 578,329 tonnes to 515,128 tonnes, showing that higher export value did not translate into greater shipment volume.

The Vietnam plywood export market remains strongly connected to the United States and Asian buyers. The following analysis examines the latest available 2025 figures, year-on-year changes, destination shares, and shipment quantities. It also explains what these figures indicate for businesses sourcing from plywood manufacturers in Vietnam and monitoring Vietnam trade data.

Vietnam HS Code 4412 Export Data

HS Code 4412 covers plywood, veneered panels, and similar laminated wood products. These materials are widely used in construction, furniture manufacturing, cabinetry, and interior applications because of their versatility and structural properties. Vietnam’s 2025 exports under plywood HS Code 4412 reached $1.04 billion, compared with $1.02 billion in 2024. Despite this modest value growth, the 10.93% decline in exported quantity indicates a shift in the relationship between shipment volume and export earnings.

The supplied figures identify destination markets rather than individual manufacturers or buyers. They, therefore, show where Vietnamese plywood was exported but do not establish the names, shipment volumes, or market shares of specific companies. 

Top 10 Export Destinations of Vietnam for Plywood

• United States

1. Total exports: $339.72 million
2. Growth in value: $29.092 million
3. Growth Rate: 9.37%.
4. Export share: 32.5%
5. Quantity: 186,668 tonnes

• South Korea

1. Total exports: $177.36 million
2. Decline in value: $24.695 million
3. Decline Rate: -12.22%
4. Export share: 16.9%
5. Quantity: 73,610 tonnes

• Malaysia

1. Total exports: $139.82 million
2. Growth in value: $5.972 million
3. Growth Rate: +4.46%
4. Export share: 13.4%
5. Quantity: 61,728 tonnes

• Japan

1. Total exports: $90.84 million
2. Growth in value: $3.483 million
3. Growth Rate: +3.99%
4. Export share: 8.7%
5. Quantity: 37,849 tonnes

• Thailand

1. Total exports: $72.83 million
2. Growth in Value: $8.460 million
3. Growth Rate: +13.14%
4. Export share: 7.0%
5. Quantity: 31,203 tonnes

• India

1. Total exports: $31.38 million
2. Decline in Value: -$71.917 million
3. Decline Rate: -69.62%
4. Export share: 3.0%
5. Quantity: 13,740 tonnes

• Singapore

1. Total exports: $27.27 million
2. Growth in Value: $0.995 million
3. Growth Rate: +3.79%
4. Export share: 2.6%
5. Quantity: 14,379 tonnes

• Cambodia

1. Total exports: $19.10 million
2. Growth in Value: $8.813 million
3. Growth Rate: +85.71%
4. Export share: 1.8%
5. Quantity: 9,913 tonnes

• Philippines

1. Total exports: $15.63 million
2. Decline in value: $1.186 million
3. Decline Rate: -7.05%
4. Export share: 1.5%
5. Quantity: 8,350 tonnes

• Germany

1. Total exports: $12.93 million
2. Growth in Value: $9.445 million
3. Growth Rate: +270.86%
4. Export share: 1.2%
5. Quantity: 7,620 tonnes

Conclusion

The latest available figures show that Vietnam exports under HS Code 4412 reached $1.047 billion in 2025, while total shipped quantity declined by 10.93%. The United States remained the largest market, followed by South Korea and Malaysia. Cambodia and Germany posted strong growth, whereas India and South Korea recorded notable declines.

For exporters, distributors, and businesses evaluating plywood manufacturers in Vietnam, these trends highlight the importance of assessing both export value and physical shipment volume. Destination-level figures can help identify promising markets, but company-level verification is necessary before selecting suppliers or buyers.

FAQs (Frequently Asked Questions)

• Why can plywood export value rise when exported quantity falls?

Export value can increase when the average value per tonne rises, even if fewer tonnes are shipped. Product mix, grade, specifications, and contract prices can all influence this relationship.

• What should buyers check before sourcing plywood from Vietnam?

Buyers should verify product specifications, adhesive type, thickness, moisture content, emissions, requirements, certifications, production capacity, and delivery terms before placing orders.

• How can importers assess plywood quality consistently?

Importers can use agreed technical specifications, pre-shipment inspections, independent laboratory testing, and batch-level documentation to confirm that products meet contractual requirements.

• Which factors influence demand for Vietnamese plywood?

Construction activity, furniture production, renovation spending, logistics costs, trade policies, and competing suppliers can influence demand in destination markets.

• Can HS Code 4412 data identify individual plywood manufacturers?

No. The figures classify trade by product and destination, not by individual company. Identifying manufacturers requires separate company-level research and verification of their production capabilities and export records.

For the latest update on the Vietnamese plywood export data or to search live data by country or HS Code, you can contact info@tradeimex.in & get customized trade data for business.

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