Export of agricultural products in the first 4 months of the year decreased by 13.3%

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After the first 4 months of 2023, the export value of key agricultural, forestry and fishery products tends to decrease compared to the same period last year. The information was stated at the meeting of the Ministry of Agriculture and Rural Development in April 2023.

According to the Ministry of Agriculture and Rural Development, the export value of agricultural, forestry and fishery products in April 2023 was US$4.54 billion, down 8.3% over the same period last year. Accordingly, the export value of agro-forestry-fishery products in the first four months of 2023 reached $15.66 billion, down 13.3% over the same period in 2022.

After the first 4 months of 2023, the export value of key products tends to decrease compared to the same period last year. Specifically, wood exports reached 3.91 billion USD, down 30.4%; coffee exports reached 1.7 billion USD; up 2.5%; rice exports reached $1.56 billion, up 54.5%; fruit and vegetable export reached 1.39 billion USD, up 19.4%; cashew exports reached 942 million USD, up 3.4%; shrimp exports reached US$843 million, down 39.6%; rubber exports reached 684.8 million USD, down 20.1%; pangasius exports reached USD 558 million, down 39.9%; cassava exports reached $453 million, down 12.1%; pepper exports reached 325 million USD, down 10.2%.

The export value of agricultural, forestry and fishery products in the first 4 months of 2023 reached USD 15.66 billion, down 13.3% over the same period in 2022. Photo: TL.

Regarding the export market of agricultural, forestry and fishery products, the Asian market reached USD 7.58 billion, up 2.7%; the Americas market reached 3.28 billion USD, down 39.6%; European market reached US$1.93 billion, down 13%; the African market reached 223 million USD, down 21.2%; Oceania market reached 216 million USD, down 31%.

Regarding the proportion of exports, the Chinese market accounted for 20.9%, up 3.3%; the US market accounted for 18.9%, down 40.5%; Japanese market accounted for 8.1%, up 0.8%.

In the second quarter of 2023, the goal of value-added growth of the entire agricultural sector is to strive to reach 2.9 – 3% with the total export turnover of agricultural, forestry and fishery products reaching about 14 billion USD.

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