According to the Ministry of Agriculture and Rural Development (MARD) in the first 4 months, the total import-export turnover of agricultural, forestry and fishery products is estimated at nearly 21.1 billion USD. In which exports reached 11.9 billion USD, down 4.9% over the same period last year; import was estimated at 9.17 billion USD, down 5.2%; trade surplus was nearly 2.8 billion USD, down 4.1%.
Regarding exports, by the end of April, the main agricultural products were estimated at nearly US $ 5.8 billion, down 4.5%; main forest products reached US $ 3.4 billion, up 3.9%; fishery was estimated at 2.2 billion USD, down 10.0%; husbandry is estimated at 150 million USD, down by 23.8%.
Most of export products decreased turnover, except for coffee, cashews, vegetables, wood and wood products, cinnamon, rattan …
The items that dropped much like: Rubber with 383 million USD (down 31.1%); tea reached 53 million USD (down 14.1%); pepper reached 249 million USD (down 12%); Pangasius reached 420 million USD (down 31.9%) …
As for rice, the total export volume has reached 1.92 million tons and the export value in the first 4 months is 886 million USD. Average rice export price in the first quarter of the year reached US $ 461.9 / ton, up 6.3% over the same period in 2019. In the first 3 months of the year alone, the Philippines ranked first in the rice export market of Vietnam with 36.7% market share, production reached 594.2 thousand tons (up 8.2%), value reached 257.2 million USD (up 19.1%) compared to the same period last year.
The Agro-Processing and Market Development Department (MARD) further informed that on the world market, the export price of Indian rice in mid-April 2020 increased to an eight-month high. Specifically, 5% broken rice of India reached 375 – 380 USD / ton, the highest level since the first week of August 2019, significantly higher than 361 – 365 USD / ton listed. the previous month.
Meanwhile, the price of Thai standard 5% broken rice by the end of April 2020 reduced to US $ 530 – 538 / ton, lower than the peak reached in April of US $ 555 – 580 / ton. . This is also the highest level since April 2013.
In the domestic market, prices of rice in the Mekong Delta generally tend to increase in April 2020, especially ordinary rice.
In some localities, traders collect a variety of ordinary rice for processing into white rice for export and stockpiling, thus driving up prices, especially right after the Government allowed exports at the beginning. April 2020.
The Ministry of Agriculture and Rural Development made the calculation and production in 2020 is estimated at 43.5 million tons of paddy. Regarding consumption and storage needs, the Ministry of Agriculture and Rural Development forecasts domestic demand in 2020 including reserves of 29.96 million tons of paddy. Specifically, consumption of people is 14.26 million tons; processing service is 7.5 million tons; serving livestock 3.4 million tons; used as seed and reserve seed with 1 million tons; domestic reserves of 3.8 million tons. Thus, the remaining paddy for export is about 13.5 million tons of paddy, equivalent to 6.5 – 6.7 million tons of rice.
Regarding agricultural, forestry and fishery export markets in 4 months, China is still the market with the largest market share with export turnover of nearly 2.8 billion USD, down by 17.7% YoY. last year and accounted for 23.4% of the market share; followed by the United States was estimated at 2.78 billion USD, down 13.9% over the same period last year and accounted for 23.33% market share …
In order to develop the export market in the coming time, MARD has determined to closely monitor the situation of exporting agricultural products through the border gates with China; work with your side to identify specific measures to ensure goods clearance, good disease control; promote the restructuring of import-export market in a sustainable manner.
Besides, to develop plans and scenarios for exporting agricultural products to meet the increasing demand when China stops epidemic; focusing on addressing technical barriers, negotiating market expansion (expanding recognition of production areas, types of products, exporting enterprises) to EU countries, Eurasian Economic Union, USA, Brazil … and export seafood to Saudi Arabia …
Do Huong
Source: Government Newspaper
