In the first 7 months of the year, exports of agricultural, forestry and fishery products reached about 32.3 billion USD while imports were 26 billion USD. Thus, the trade surplus of agriculture, forestry and fishery reached nearly 6.3 billion USD, an increase of nearly 2 times compared to the same period in 2021.
According to the Ministry of Agriculture and Rural Development, in the first 7 months of the year, the total import-export turnover of agricultural, forestry and fishery products was estimated at about 58.3 billion USD, up 7% over the same period in 2021.
In which, the export of agricultural, forestry and fishery products reached about 32.3 billion USD, up 12% over the same period last year; import is estimated at 26 billion USD, up 2%. Thus, the trade surplus of agriculture, forestry and fishery reached nearly 6.3 billion USD, an increase of nearly 2 times compared to the same period in 2021.
Specifically, in July, export turnover was estimated at 4.8 billion USD, up 10% compared to July 2021 but down 2% compared to June. Among them, the export value of main agricultural products was nearly 2 billion USD, main forest products are estimated at 1.4 billion USD, fishery is 965 million USD and livestock is 42 million USD…
(Data: Ministry of Agriculture and Rural DevelopmentChart: Hoang Anh)
Generally in the first 7 months of the year, the export of main agricultural products reached 13.3 billion USD, up 8%; main forest products reached over 10.4 billion USD, up 1%; seafood is estimated at nearly 6.7 billion USD, up 34%; livestock production is estimated at 225.6 million USD, down 12%; Export of production input products was nearly 1.7 billion USD, up 67%.
Currently, the agricultural industry has 4 products, product groups with export value reaching over 2 billion USD, including coffee, rice, shrimp, and wood products.
| Items | Turnover | Increase/decrease in the same period in 2021 |
| The coffee | $2.6 billion | + 46% |
| Rice | 2 billion USD | + 9% |
| Rubber | 1.6 billion USD | + 7% |
| Shrimp | $2.7 billion | + 26% |
| Catfish | 1.6 billion USD | + 84% |
| pepper | 661 million USD | + 12% |
| Cassava and cassava products | 636 million USD | +20% |
| Vegetables | $1.9 billion | – 16% |
| Cashew | 1.8 billion USD | – ten% |
| Livestock products | 226 million USD | – twelfth% |
According to the Ministry of Agriculture and Rural Development, the export market of agricultural, forestry and fishery products in the first 7 months of the year is distributed in the following continents:
(Data: Ministry of Agriculture and Rural DevelopmentChart: Hoang Anh)
In which, the US continues to be Vietnam’s largest export market with $8.7 billion, accounting for 26.8% of the export market share of Vietnam’s agricultural, forestry and fishery products. The second is the Chinese market with over 5.7 billion USD with 17.8% market share; followed by Japan and Korea…
According to VietnamBiz.vn
