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In the 10 months of 2022, the export of agricultural, forestry and fishery products will reach nearly 45 billion USD

According to the Ministry of Agriculture and Rural Development , in the 10 months of 2022, the total import-export turnover of agricultural, forestry and fishery products reached about 82.1 billion USD, up 10.2% over the same period last year; in which exports reached over 44.9 billion USD, up 14.1%; imports reached about 37.2 billion USD, up 5.8%; trade surplus of US$7.7 billion, up 83.7%.

Export of agricultural, forestry and fishery products reached nearly 45 billion USD
Export of agricultural, forestry and fishery products reached nearly 45 billion USD

In which, in terms of agricultural, forestry and fishery exports, in October, export turnover was estimated at over 4.5 billion USD, up 13.5% compared to September 2022; In which, the main agricultural products group is over 2.1 billion USD, the main forest products are nearly 1.3 billion USD, seafood is 900 million USD and livestock is 35.3 million USD.

In 10 months, export turnover is estimated at over 44.9 billion USD, up 14.1% over the same period last year. In which, the export of main agricultural products is over 18.8 billion USD, up 7.2%; main forest products about 14.4 billion USD, up 10.7%; seafood reached 9.4 billion USD, up 32.7%; livestock raising 326.9 million USD, down 8.7%; production input was nearly 2.0 billion USD, up 45.3%.

Up to now, there are 08 products/product groups with export value of over USD 2 billion (coffee, rubber, rice, vegetables, cashew, shrimp, pangasius, wooden products). Many items achieved higher export value than the same period last year, such as: Coffee nearly 3.3 billion USD (up 33.4%); rubber USD 2.8 billion (up 11.2%); rice over 2.9 billion USD (up 7.4%); pepper 829 million USD (up 4.7%); cassava and cassava products $ 1.1 billion (up 16.5%), pangasius over $ 2.1 billion (up 76.5%), shrimp $ 3.8 billion (up 20.3%), wood and wood products 13.5 billion USD (up 11.4%); fertilizers of all kinds 961 million USD (2.5 times higher); animal feed and raw materials reached US$942 million (up 9.2%).

However, the group of vegetables and fruits reached nearly 2.8 billion USD (down by 6.5%); cashew nuts nearly 2.6 billion USD (down 15.3%); livestock products USD 326.9 million (down 8.7%); Although the export value of cassava and cassava products increased by 16.5%, the export value of cassava products decreased by 0.6% with a value of over 190 million USD.

Regarding export markets, in 10 months, markets in Asia (accounting for 44.1% market share), America (27.9%), Europe (11.5%), Oceania (1 .7%) and Africa (1.7%). The United States continues to be the largest export market , reaching over 11.4 billion USD (accounting for 25.4% market share); second is the Chinese market with about 8.3 billion USD (accounting for 18.5% market share); the third is the Japanese market with an export value of 3.5 billion USD (accounting for 7.8%); The fourth is the Korean market with an export value of over 2.1 billion USD (accounting for 4.7%).

According to the Ministry of Agriculture and Rural Development, the drought in China affecting production is an opportunity for agricultural products to be exported to this market; Inflation in Europe, war in Ukraine, climate change exacerbates food security problems, the EU has built a "solidarity lane" plan to facilitate trade, so exports to the market This market is gradually changing positively but the requirements of importers are getting higher and higher, the logistics costs are high...

For the US market , in October, fresh grapefruit (citrus maxima) is the 7th fruit of our country allowed to be imported into this market, some other fruits such as coconut and durian are still exported. exported to the United States, but as a frozen product.

 

Nguyen Hanh