Promote the export of wooden furniture and handicrafts to the European market
Workshop on "Promote the export of wooden furniture and handicrafts to the European market", organized by the Trade Promotion Agency (Ministry of Industry and Trade) in collaboration with the Association of Fine Arts and Wood Processing. Ho Chi Minh City and EU-MUTRAP on Trade and Investment Policy Support held on June 13,
Bui Thi Thanh An, deputy head of the Trade Promotion Department, said that Europe is one of the major markets for furniture and handicrafts in Vietnam. According to statistics from the Ministry of Industry and Trade, Vietnam's export of wood and wood products to the EU reaches US $ 741.8 million in 2016, Europe is Vietnam's fourth largest export market. United States, Japan, and China. This is also a large market of Vietnamese handicrafts, of which export turnover of rattan and bamboo products to this market reached $ 95.18 million and is the largest market, accounting for 35% of the total value. export; Exports of fine art ceramics in this market in the past year also recorded a growth of 4.31% to $ 70.70 million.
According to Ms. An, the prospect of developing wood and handicrafts in the European market in 2017 is forecasted to be more positive thanks to the strengthening of market-building activities in the EU. In addition, the impact of the EVFTA is expected to come into force in 2018 and the VPA / FLEGT Agreement was signed by Vietnam and the European Union in May 2017.
Information about the consumption trends of wooden products, handicrafts of Europe, Miriam Garcia Ferrer, Counselor first, Deputy Director of Economic and Trade - Representatives of the EU delegation in Vietnam - said , Europeans now prefer high quality products, unique, interesting. They are also interested in the conditions for producing such products, such as whether the environment is compliant or not. If Vietnam's wooden products meet all these criteria, the market opportunities are huge.