According to the Ministry of Agriculture and Rural Development, in the first five months of the year, the total import-export turnover of agricultural, forestry and fishery products was estimated at $42.4 billion, of which the trade surplus was about $3.3 billion, down 28.3% over the same period last year. .
In May alone, export turnover was estimated at USD 5 billion, up 40% compared to May 2020, up 1.3% compared to April 2021.
Generally in 5 months, export turnover of agricultural, forestry and fishery products is estimated at 23 billion USD, up 30.3% compared to 5 months of 2020.
In the first 5 months of the year, many products and product groups with increased export value include rubber, tea, rice, vegetables and fruits, pepper, cashew nut, cassava and cassava products, livestock products, and fish. tra and shrimp; wooden products, rattan, bamboo, sedge carpets; cinnamon,…
Typically, rubber and wood products increased strongly with the growth rate of 94% and 75% respectively.
Particularly, although the export volume decreased by 16%, but thanks to the increase in the average export price, the export value still increased by 25%, reaching 387 million USD.
Trade balance of major commodity groups. Source: Ministry of Agriculture and Rural Development
Regarding export markets, it is estimated that the 5-month value of Vietnam’s agricultural, forestry and fishery exports to markets in Asia accounts for 46.5% of the market share, the Americas 27%, and Europe 10.1%. , Oceania 1.3% and Africa 1.7%.
Regarding imports, the Ministry of Agriculture and Rural Development said that in 5 months, the import turnover of agricultural, forestry and fishery products was estimated at 19.6 billion USD, up 51% over the same period in 2020.
Among them, the import value of main agricultural products was estimated at 7 billion USD, up 126.9 percent. Livestock products group reached about $1.52 billion, up 23.2%. The group of aquatic products is estimated at 881 million USD, up 26%.
The main group of forest products is about 1.34 billion USD, up 42.3%. The group of production input products is about 2.9 billion USD, up 36.5%.
According to VietnamBiz
