What Best Agricultural Products from Vietnam?
August 17, 2022
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Exports increased by 12.2% over the identical period
Information from the Ministry of Agriculture and Rural Development on quarter day said that in July 2022, Vietnam agriculture statistics shown that the export turnover of best agricultural products from Vietnam was estimated at 4.8 billion USD, up 10.4% compared to July 2021. Within the first 7 months of 2022, the export turnover of agricultural products is estimated at nearly 32.3 billion USD, up 12.2% over the identical period last year.
In the past 7 months, 4 products/product groups with Vietnam agriculture export value reached over 2 billion USD, including: Coffee, rice, shrimp, wood products. Many items have higher export value compared to the identical period last year, such as: Coffee with over 2.6 billion USD (up 46.2%); rubber reached over 1.6 billion USD (up 7.0%); rice over USD 2 billion (up 9.0%); pepper about 661 million USD (up 11.7%).
In addition, the export value of best agricultural products from Vietnam are as following: cassava and cassava products in the past 7 months also reached 904 million USD (up 32.1%), pangasius reached about 1.6 billion USD (up 83.6%), and shrimp reached over 2 million USD. 0.7 billion USD (up 26.2%), wood and wood products reached over 9.7 billion USD (up 1.2%); rattan, bamboo and sedge mats reached USD 538 million (up 3.1%), fertilizers of all kinds reached USD 848 million (3.2 times higher)…
In addition to items that maintain stable exports, there are still some Vietnam agriculture problems; Director of the Department of Agricultural Product Processing and Market Development (MARD) Nguyen Quoc Toan said that over the past time, there are still many items with reduced export value. Specifically: The group of vegetables and fruits reached over $1.9 billion (down 16.1%), cashew nuts reached nearly $1.8 billion (down 10.4%), livestock products reached 225.6 million USD. USD (down 11.6%). Meanwhile, the export value of wood products also decreased by 6.9% with a value of over 6.9 billion USD…
Continue to expand export markets
Over the past time, the best agricultural products from Vietnam have reached hundreds of markets around the world. In which, Asia is still the number one export market, accounting for about 42.4% market share. Following is the market share of America (29.3%), Europe (11.9%), Oceania (1.7%), and Africa (1.6%).
The United States continues to be the largest export market, reaching nearly 8.7 billion USD (accounting for 26.8% market share); The second is the Chinese market with over 5.7 billion USD (accounting for 17.8% market share). The Japanese market ranked third with an export value of over 2.3 billion USD (accounting for 7.2%).
In the coming time, the ministry will continue to promote bilateral and multilateral cooperation activities, aiming to open up export markets. Surveying the consumption and development of agricultural markets in localities and border gates.
The Ministry will also strengthen the dissemination and propaganda to businesses and people about the provisions regulating the export of agricultural, forestry and fishery products; regularly update and disseminate changes in import regulations of other countries, especially the Chinese market who are among the top buyers for best agricultural products from Vietnam.
Along with market expansion, the Ministry of Agriculture and Rural Development also focuses on guiding localities, enhance Vietnam agriculture technology, production and business establishments to strictly comply with regulations on quality management and food safety; develop safe food supply chains. At the same time, promote supervision of production processes, strictly handle establishments violating legal regulations in order to improve the quality of exported best agricultural products from Vietnam products.
Where to buy bulk exporting agricultural products from Vietnam?
Vietnam is famous for its food exports such as rice, pepper, coffee, tea, sugarcane, tropical fruits, vegetables, silk, tobacco, and flowers. There are currently many companies who specialize in agricultural products export.
Please follow with us to get the best price bulk offer for best agricultural products from Vietnam!
Melanie Pham
https://agriculture-products-wholesale-supply.blogspot.com/2022/08/a-bright-spot-for-exporting.html