Export turnover of agriculture, forestry and fishery products in January 2021 reached 3.49 billion USD, up 27.1% compared to January 2020 …
According to the Department of Agro-Processing and Market Development, the export turnover of agricultural, forestry and fishery products in January 2021 reached US $ 3.49 billion, up 27.1% compared to January 2020. In which, the export value of main agricultural products increased by 28.9%; seafood exports increased by 19.6% and forest products by 47.8%.
The export value of livestock products in January 2021 is estimated at US $ 26 million, up 3% from January 2020. Meanwhile, the import value of livestock in January 2021 was estimated at US $ 320 million, up 27.9% compared to January 2020. Thus, animal husbandry is still a huge trade deficit sector, with import value 10 times higher than exports.
EXPORT RICE, VEGETABLES, PEPPER, COMBINED REDUCED
Contrary to the strong growth in export value in 2020, rice exports declined dramatically in the first month of this year. The volume of rice exported in January 2021 reached 280 thousand tons, brought in $ 154 million, down 29.5% in volume and 20.2% in value over the same period in 2020. In January 2021, Vietnamese rice prices increased slightly by 3 USD / ton compared to the end of December 2020, to 503 USD / ton and maintain this level until the end of the month. India’s 5% rice price tended to increase steadily over the month from 384 USD / ton to 388 USD / ton at the end of the month. Thai rice prices also increased but with a higher margin from 513 USD / ton at the beginning of the month to 523 USD / ton at the end of the month. Thus, the average export rice price of Vietnam has been temporarily surpassed by Thai rice, but the Vietnamese rice price is still much higher than the export rice of India.
According to Reuters, rice imports from Bangladesh may skyrocket in the 2020/21 crop year from 100 thousand tons in the previous season due to limited supply causing high domestic prices. The Vietnam Food Association (VFA) forecasts that rice exports in 2021 will still maintain an optimistic signal in terms of both output and price. Currently, the main export markets of Vietnam such as the Philippines, Africa … continue to sign contracts to buy rice from Vietnam and rice prices are at very positive levels.
The export value of vegetables and fruits in January 2021 reached 260 million USD, decreasing by 7.6% over the same period in 2020. Mr. Nguyen Quoc Toan, Director of Agro-Product Processing and Market Development Department, Ministry of Agriculture and Development Rural development said that the unpredictable changes of Covid-19 had a great impact on the export of vegetables and fruits of Vietnam, especially the difficulty of changing tastes due to changing habits and import procedures. mouth tightening due to disease. Enterprises need to strengthen supervision of the quality of goods, avoid violating regulations of countries on standards, quarantine testing, and food safety so that the customs clearance process will not be affected.
Pepper exports in the first half of January 2021 reached 7,241 tons of pepper of all kinds, with a turnover of $ 20.62 million, down 23.75% in volume and 10.03% in value over the same period last year. . Average export price in the period reached 2,847 USD / ton, an increase of 2.89% compared to the average export price in the last month of 2020. According to the Vietnam Pepper Association (VPA), pepper output in 2021 may reducing from 25-30% compared to 2020 to around 168-180 thousand tons, because in some localities old pepper gardens make up the majority of the area and do not record new planting areas. Meanwhile, there is still a shortage of empty containers, causing shipping rates to rise, leading to some difficulties in exporting pepper.
ARTICLE, RUBBER INCREASED “DISABILITY”
Export of processed cashew in January 2021 reached 45 thousand tons with a value of $ 268 million, up 78.2% in volume and 51.8% in value over the same period in 2020. Due to the amount of cashew nuts The export increases strongly, so the demand for importing cashew raw materials for processing is greater. Estimated volume of imported cashew material in January 2021 reached 130 thousand tons with a value of $ 186 million, up 2.5 times in volume and 2.2 times in value compared to January 2020.
The Department of Agro-Processing and Market Development said that the cashew kernel price is expected to increase in the near future because the domestic supply of cashews is not much while the price of raw cashew is still high, not balanced with the price. Cashew kernel, so the processors are very careful in importing raw cashew nuts. Besides the trade agreements, cashew nut price forecast in 2021 is likely to recover as the price in 2020 has dropped to a low level.
The outlook for cashew nut export for the whole year 2021 will be generally positive thanks to many Free Trade Agreements being implemented. The rubber products market in the world witnessed in January 2020 with ups and downs in prices such as “up dong”. At the Osaka Commodity Exchange (OSE), Japan, rubber prices increased sharply in the first half of January, with the benchmark contract for May 2021 reaching a high of 245.9 yen / kg on September 9. first. However, from January 10 onwards, due to concerns about the increase in the number of Covid-19 infections in China’s top buying country, it affects demand.
However, the rubber market rebounded on January 20-21, 2021 due to the expectation that newly inaugurated US President Joe Biden will introduce further stimulus measures to compensate for the loss. harm caused by the Covid-19 pandemic. The sharp increase in prices and demand in the world market, has helped the volume of rubber exports of Vietnam increase at an unprecedented rate. Specifically, rubber export in January 2021 reached 200,000 tons with a value of $ 321 million, 2.2 times more in volume and 2.4 times more in value compared to January 2020.
However, Mr. Nguyen Quoc Toan said: it is forecasted that in 2021, it is likely that China will tend to reduce rubber imports because it has a huge domestic reserve. But in return, rubber exports will have a chance of strong growth in the Indian market. Mr. Toan also cites the latest report of the Association of Natural Rubber Producing Countries (ANRPC), the world rubber output is expected to recover in January 2021 with 1.19 million tons compared to level 1. , 6 million tons in the same period in 2020. World rubber consumption outlook is forecasted to increase 15.5% in January 2021 to 1.17 million tons compared to 1.02 million tons in the same period in 2020.
“Vietnam’s rubber exports to the Indian market are expected to have a more positive growth in 2021. According to the Nomura Research Institute, the Indian auto industry is expected to recover strongly in the fiscal year. course 2021/22 after the negative impact of the Covid-19 epidemic, ”said the director of the Department of Agricultural Product Processing and Market Development.
FISHERIES AND FORESTRY IN THE SAME “LIGHTING”
Seafood export value in January 2021 is estimated at 600 million USD, up 19.6% over the same period in 2020. According to the latest data of the US Marine Fisheries Department (NMFS), the average price of pangasius fillet Import frozen in November 2020 in the US was 2.58 USD / kg, down 2.6% from the previous month. The average price of US shrimp imports in November 2020 reached $ 9.09 / kg, up 3.2% over the previous month.
Mr. Nguyen Quoc Toan said that, in 2021, with the positive factors from the market along with the advantages that Vietnam will gain through free trade agreements (FTA), it is forecasted that seafood exports will reach over 9.4 billion USD, up 10% compared to 2020. Currently, Vietnam’s shrimp exports are continuing to be favorable when the demand in the world is still increasing while many producing countries are still facing difficulties because of Covid-19. . According to experts, shrimp prices on the world market are forecast to increase in the first half of 2021.
Export turnover of main forest products in January 2021 was estimated at US $ 1.33 billion, up 47.8%. In which, the export value of wood and wood products in January 2021 reached 1.25 billion USD, up 48.4% compared to January 2020. The world furniture market is very large, with a commercial value of about 450 billion USD / year, of which wooden furniture is about 150 billion USD / year. The export turnover of Vietnam’s wooden furniture only accounts for about 6% of the global market share, so the export space of the industry is still very large. In 2021, the forest products industry aims to export 14.5 billion USD (up 12% compared to 2020), of which, wood and wood products will reach 13 billion USD.
According to VnEconomy
