In the first 5 months of the year, the total export turnover of agricultural, forestry and fishery products was estimated at 20.2 billion USD, down 11% over the same period in 2022, of which, exports to the US accounted for 19.8%, down 35%.
According to the Ministry of Agriculture and Rural Development, In the first 5 months of the year, total export turnover, import agriculture, forestry and fishery is estimated at nearly 37 billion USD; in there export about 20.26 billion USD, down 11% over the same period in 2022; import 13.15 billion USD, down 9%. So, balance of trade The agricultural sector had a surplus of 3.5 billion USD in the first 5 months of the year, down 21%.
Specific information on the export of agricultural, forestry and fishery products, the Ministry of Agriculture and Rural Development said that export turnover in May was estimated at US$4.85 billion, down 3.5% over the same period last year. In which, the export of agricultural products reached 2.4 billion USD, up 28%; seafood reached 900 million USD, down 14%; forest products reached 1.3 billion USD, down 12%…
(Data: Ministry of Agriculture and Rural DevelopmentChart: Hoang Anh)
Generally, in the first 5 months of the year, the total export turnover of agricultural, forestry and fishery products was estimated at 20.2 billion USD, down 11% compared to the same period in 2022. In which, agricultural products reached 10.3 billion USD, up 10%. ; seafood $ 3.5 billion, down 26%; forest products reached 5.5 billion USD, down 27%; Production input reached 779 million USD, down 26%…
Below is the export information of some key agricultural products of Vietnam in the first 5 months of this year.
Regarding the export market, the Ministry of Agriculture and Rural Development said that in the first 5 months of the year, export value of agro-forestry-fishery products to Asian markets reached US$9.7 billion, up 2%; America reached 4.4 billion USD, down 35%; Europe reached 2.4 billion USD, down 13%; Africa reached 327 million USD, down 6%; Oceania reached $280 million, down 28%.
Currently, China, the US and Japan continue to be the three largest export markets for agro-forestry-fishery products. Export value to China accounted for 20.4%, up 3% over the same period in 2022; The US accounted for 19.8%, down 35% and Japan accounted for 7.8%, up 1%.
The Ministry of Agriculture and Rural Development commented that Vietnam’s major agro-forestry-fishery export markets are gradually growing again, China has opened its economy, exports to Japan, and the Asian region have also prospered.
However, the world economy continues to face many difficulties, inflationary High in some developed countries, tight monetary policies, especially in large markets such as the US and the European region, make it difficult for businesses to sign and fulfill orders.
Along with that, many countries have implemented policies to strengthen the protection of domestically produced products and goods; boost agricultural production to proactively supply. This has also caused our country’s agricultural, forestry and fishery exports to slow down.
According to VietnamBiz.vn
