In the first 4 months of 2020, total import-export turnover of agricultural, forestry and aquatic products is estimated at nearly 21.1 billion USD.
According to the Ministry of Agriculture and Rural Development (MARD), in the first 4 months of 2020, the total import-export turnover of agricultural, forestry and fishery products is estimated at nearly 21.1 billion USD, of which exports (exports) reach 11. , 9 billion USD, down 4.9% over the same period; import (import) is estimated at 9.17 billion USD, down 5.2%; trade surplus was nearly 2.8 billion USD (down 4.1% compared to the same period last year)
General situation
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 … Specifically, coffee export value reached 1.1 billion USD (up 1 , 5%); cashew nuts reached 948 million USD (up 4.2%); vegetables reached 203 million USD (up 5.0%); wood and wooden products reached 3.22 billion USD (up 3.5%); Rattan, bamboo, sedge mats reached US $ 162 million (up 11.8%).
The items with much reduction, such as: rubber reached 383 million USD (down 31.1%), tea reached 53 million USD (down 14.1%), pepper reached 249 million USD (down 12%), fruit reached 952 million USD (down 19.6%), Pangasius reached 420 million USD (down 31.9%), shrimp reached 748 million USD (down 11.8%) …
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. The average export price of rice 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 Vietnam's rice export market with 36.7% market share, output reached 594.2 thousand tons (up 8.2%), the value reached 257.2 million USD (up 19.1%) over the same period last year.
Regarding export market, 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 and accounting for 23.4% market share. part; followed by the United States was estimated at 2.78 billion USD, down 13.9% over the same period and accounted for 23.33% market share; EU market is estimated at 1.3 billion USD, down 1.9% and accounting for 10.75% market share; Export to Japan reached nearly 1.1 billion USD, up 2.9%, accounting for 9.0% market share; Export to ASEAN countries reached nearly US $ 1.3 billion, up 7.1% and accounting for 10.49% of the market share.
Some solutions to develop export markets
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 …
Formulate a ministry mission program to work in China, Russia, Japan, Australia. Continuing to deploy registration of Vietnamese rice trademark; update information on the export of milk and milk products to China; preparing to organize ASEAN Working Group Meeting on cassava.
Continuing to synthesize notices and warnings from trade partners and WTO members, in collaboration with relevant units in the network to respond to comments on Vietnam's new SPS measure. informed WTO.
Thuy Chung (According to Vietnambiz / Consumer Economics)
Source: VinaNet
