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Although Vietnam is one of the top ten trading partners of the United States, the export value of agricultural products currently only accounts for 1-2% of the total agricultural imports of the United States, so the export prospects are very broad
.
The report pointed out that the United States, as a huge consumer market, has strong purchasing power and diverse consumer needs, especially the younger generation of consumers have strong demand for specialty agricultural products
.
The income disparity among various classes in the United States has also created a huge demand for both high-end and general consumer goods in this market
.
Therefore, Vietnamese enterprises can strive to target the market segments of various agricultural products as the entry point to enter the US market, and better penetrate the Vietnamese agricultural products into the US market through the group of nearly one million Vietnamese living in the United States
.
However, it should be noted that the current inflation in the United States has led to rising prices, as well as the country's higher requirements for food safety, hygiene, animal and plant quarantine, and high transportation and logistics costs, which have also reduced the competitiveness of Vietnamese agricultural products in this market
.
.
The income disparity among various classes in the United States has also created a huge demand for both high-end and general consumer goods in this market
.
Therefore, Vietnamese enterprises can strive to target the market segments of various agricultural products as the entry point to enter the US market, and better penetrate the Vietnamese agricultural products into the US market through the group of nearly one million Vietnamese living in the United States
.
However, it should be noted that the current inflation in the United States has led to rising prices, as well as the country's higher requirements for food safety, hygiene, animal and plant quarantine, and high transportation and logistics costs, which have also reduced the competitiveness of Vietnamese agricultural products in this market
.
