Vietnam's wood industry is at a crossroads, with opportunities and challenges tied to predicted US trade policies under President-elect Donald Trump. In 2024, the US accounted for $9 billion of Vietnam’s $16.2 billion wood export value, making it the largest market for Vietnamese wood products.

Experts warn of potential tariffs—up to 60% on Chinese imports and 15-20% on others—that could impact Vietnam. While Vietnam may benefit from reduced competition with Chinese goods, new US tariffs and stricter origin standards pose risks. Anti-dumping investigations and competition from Malaysia, Indonesia, and Thailand further intensify the landscape.

To navigate these challenges, Vietnamese firms must enhance quality, innovate, and ensure legal compliance. With strategic adaptation, Vietnam can solidify its position as a leading global wood exporter.