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    Home > Food News > Food Articles > In the first quarter of 2022, Vietnam's trade surplus in agriculture, forestry and aquatic products doubled year-on-year

    In the first quarter of 2022, Vietnam's trade surplus in agriculture, forestry and aquatic products doubled year-on-year

    • Last Update: 2022-04-19
    • Source: Internet
    • Author: User
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    (NDO) Vietnam’s Ministry of Agriculture and Rural Development revealed that in the first quarter of 2022, the total export value of Vietnam’s agriculture, forestry and aquatic products reached about 22.
    6 billion US dollars, a year-on-year increase of 6.
    3%; of which the export value reached 12.
    8 billion US dollars, a year-on-year increase of 15.
    3%, and the import value About $9.
    8 billion, down 3.
    5% year over year .
     
    With the above achievements, the total export volume of the agriculture and rural development industry in the first quarter of this year exceeded the target of 2.
    1 billion US dollars
    .
    Agriculture, forestry and aquatic products achieved a trade surplus of about US$3 billion, a year-on-year increase of 2.
    1 times
    .
     
    In March, the export value is expected to exceed 4.
    7 billion US dollars, an increase of 6% year-on-year and a month-on-month increase of 47.
    1%; among which the export value of main agricultural products is about 2 billion US dollars, the main forest products exports are nearly 4.
    3 billion US dollars, aquatic products are 900 million US dollars, and animal husbandry products are exported.
    amounted to $29.
    9 million
    .
     
      In the first quarter, the export value of main agricultural products was nearly 5.
    5 billion US dollars, an increase of 12.
    8%; the main forest products were 4.
    3 billion US dollars, an increase of 4.
    4%; the aquatic products were estimated to be 2.
    4 billion US dollars, an increase of 38.
    7%; the livestock products were expected to reach 75.
    6 million US dollars, a decrease 22.
    4%
    .
     
      In the first quarter, the export value of many products, including rubber, tea, rice, pepper, cassava and cassava products, trout, shrimp, timber and wood products, showed a significant year-on-year trend
    .
     
      It is worth mentioning that coffee has grown at a rate of more than 50% and earned 1.
    2 billion US dollars
    .
    Strong growth was also seen in aquatic products, such as fish, up 82 percent to $606 million, and shrimp up nearly 40 percent to $929 million
    .
    In addition, the value of pepper exports also increased substantially by nearly 41% to $252 million
    .
    In addition, many other commodities, such as rubber, rice, cassava and cassava products, also saw double-digit growth
    .
     
      However, the export value of some products also declined, such as tea reaching US$36 million, down nearly 12%, fruits and vegetables reaching US$849 million, down 12%, and cashew nuts reaching US$630 million, down 5%
    .
     
      From the perspective of export markets, in the first quarter, the Asian market accounted for the largest proportion of Vietnam's agricultural, forestry and aquatic products, accounting for 40.
    3%
    .
    This is followed by the Americas (29.
    5%), Europe (13.
    1%), Oceania and Africa
    .

     
      The largest export market of Vietnam’s agriculture, forestry and aquatic products is the United States, with a value of nearly 3.
    5 billion US dollars, accounting for 27.
    1% of the market share; among which exports of wood and wood products account for 68.
    2% of Vietnam’s total exports of agriculture, forestry and aquatic products to the United States
    .
    The second largest export market is China, with an export value of more than 2.
    1 billion US dollars, accounting for 16.
    6% of the market share, of which rubber exports account for 29%
    .
    The third place is the Japanese market, with an export value of nearly 872 million US dollars, accounting for 6.
    8%, and the export value of wood products accounting for the largest proportion, accounting for 44.
    3%
    .
     
      In terms of imports, in the first quarter, the import value of agricultural, forestry and aquatic products showed a downward trend
    .
    Among them, the import value of main agricultural products is expected to be US$6.
    2 billion, down 2.
    7%; the main forest products are about US$675.
    4 million, down 10.
    3%; animal husbandry products are down 15.
    5%; only the import value of aquatic products increased by 13%, and the import value exceeded US$564 million
    .

     
      At present, the competent authorities are focusing on negotiations to promote the export of pepper, durian, milk and dairy products, fishmeal and fish oil, and feather products to China; longan to Japan; grapefruit and lemon to New Zealand; grapefruit to the United States and India; animal products to South Korea exports; honey exports to the EU,
    etc.
    At the same time, it supports rice, vegetables, and fruit export enterprises to meet the regulations of South Korea, the European Union, China, Japan, the United States and other countries
    .

     
      The Ministry of Agriculture and Rural Development of Vietnam revealed that it continues to take multiple measures to open up new markets for agricultural exports, and to provide timely information on Vietnam-China import and export, market regulations and control information
    .
    At the same time, formulate proposals to promote the export of agricultural, forestry and aquatic products to the European Union, the United States, China and Japan
    .
    (Finish)
    Export and import of aquatic products
     
      With the above achievements, the total export volume of the agriculture and rural development industry in the first quarter of this year exceeded the target of 2.
    1 billion US dollars
    .
    Agriculture, forestry and aquatic products achieved a trade surplus of about US$3 billion, a year-on-year increase of 2.
    1 times
    .

     
      In March, the export value is expected to exceed 4.
    7 billion US dollars, an increase of 6% year-on-year and a month-on-month increase of 47.
    1%; among which the export value of main agricultural products is about 2 billion US dollars, the main forest products exports are nearly 4.
    3 billion US dollars, aquatic products are 900 million US dollars, and animal husbandry products are exported.
    amounted to $29.
    9 million
    .
     
      In the first quarter, the export value of main agricultural products was nearly 5.
    5 billion US dollars, an increase of 12.
    8%; the main forest products were 4.
    3 billion US dollars, an increase of 4.
    4%; the aquatic products were estimated to be 2.
    4 billion US dollars, an increase of 38.
    7%; the livestock products were expected to reach 75.
    6 million US dollars, a decrease 22.
    4%
    .
     
      In the first quarter, the export value of many products, including rubber, tea, rice, pepper, cassava and cassava products, trout, shrimp, timber and wood products, showed a significant year-on-year trend
    .
     
      It is worth mentioning that coffee has grown at a rate of more than 50% and earned 1.
    2 billion US dollars
    .
    Strong growth was also seen in aquatic products, such as fish, up 82 percent to $606 million, and shrimp up nearly 40 percent to $929 million
    .
    In addition, the value of pepper exports also increased substantially by nearly 41% to $252 million
    .
    In addition, many other commodities, such as rubber, rice, cassava and cassava products, also saw double-digit growth
    .
     
      However, the export value of some products also declined, such as tea reaching US$36 million, down nearly 12%, fruits and vegetables reaching US$849 million, down 12%, and cashew nuts reaching US$630 million, down 5%
    .
     
      From the perspective of export markets, in the first quarter, the Asian market accounted for the largest proportion of Vietnam's agricultural, forestry and aquatic products, accounting for 40.
    3%
    .
    This is followed by the Americas (29.
    5%), Europe (13.
    1%), Oceania and Africa
    .

     
      The largest export market of Vietnam’s agriculture, forestry and aquatic products is the United States, with a value of nearly 3.
    5 billion US dollars, accounting for 27.
    1% of the market share; among which exports of wood and wood products account for 68.
    2% of Vietnam’s total exports of agriculture, forestry and aquatic products to the United States
    .
    The second largest export market is China, with an export value of more than 2.
    1 billion US dollars, accounting for 16.
    6% of the market share, of which rubber exports account for 29%
    .
    The third place is the Japanese market, with an export value of nearly 872 million US dollars, accounting for 6.
    8%, and the export value of wood products accounting for the largest proportion, accounting for 44.
    3%
    .
     
      In terms of imports, in the first quarter, the import value of agricultural, forestry and aquatic products showed a downward trend
    .
    Among them, the import value of main agricultural products is expected to be US$6.
    2 billion, down 2.
    7%; the main forest products are about US$675.
    4 million, down 10.
    3%; animal husbandry products are down 15.
    5%; only the import value of aquatic products increased by 13%, and the import value exceeded US$564 million
    .

     
      At present, the competent authorities are focusing on negotiations to promote the export of pepper, durian, milk and dairy products, fishmeal and fish oil, and feather products to China; longan to Japan; grapefruit and lemon to New Zealand; grapefruit to the United States and India; animal products to South Korea exports; honey exports to the EU,
    etc.
    At the same time, it supports rice, vegetables, and fruit export enterprises to meet the regulations of South Korea, the European Union, China, Japan, the United States and other countries
    .

     
      The Ministry of Agriculture and Rural Development of Vietnam revealed that it continues to take multiple measures to open up new markets for agricultural exports, and to provide timely information on Vietnam-China import and export, market regulations and control information
    .
    At the same time, formulate proposals to promote the export of agricultural, forestry and aquatic products to the European Union, the United States, China and Japan
    .
    (Finish)
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