Vietnam reports that it exported more than $2.4 billion worth of wood products in the first two months of 2021 - a 51 percent increase over the same period last year.

Concern is growing over the Office of the U.S. Trade Representative's section 301 investigations into Vietnam.

The Home Furnishings Association - a group of more than 1,200 home furniture retailers - has called for a measured approach to the investigation into alleged trade violations by Vietnam.

After reaching $8 billion in lumber and forest product exports in 2017, Vietnam has set its goal even higher for 2018: $10 billion.

Vietnam’s exports of wood products hit $1.78 billion in the first quarter of 2017, a year-on-year increase of 17.1 percent.

The expansion of pulp production in China continues and the lack of domestic wood fiber sources has resulted in record imports of wood chips in 2011, reports the Wood Resource Quarterly. Chinese pulp mills increasingly have to rely on imported wood chips for their wood fiber needs.