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It occupies 3.73% of the world market share

Vietnamese bamboo and rattan products are scattered all over the country, accounting for about 24% of the total number of villages. In the North and Central regions, there is a great deal of rattan and bamboo products and rushes, while the South West region is home to a large variety of water hyacinth and leafy products. This sector not only contributes to the export value but also contributes to the employment of many rural workers and ethnic minorities.

Up to now, Vietnamese bamboo and rattan products have been exported to 130 countries and territories with an average export turnover of over US $ 200 million / year, accounting for 14% of the total national turnover. . Of which, HS 460219 (bamboo, wicker and other items made directly from plants), HS 940389 (furniture made from bamboo and rattan) account for most of this export turnover.

However, according to statistics of Trademap (database system updated about the trade status of countries), the market share of bamboo and rattan Vietnam on the world market is about 3.73%. In particular, the main market of Vietnam's rattan and bamboo is the US, accounting for 20%, Japan accounts for 16% of total export value.

But the opportunity to develop new markets for bamboo rattan Vietnam in the future is very positive. Some emerging markets such as China, Spain, Russia, Australia ... are importing many kinds of bamboo and rattan products from Vietnam. In particular, Spain's imports of bamboo and rattan products in Vietnam increased by 13.2% on average, and China increased by 40% on average.