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Vietnam’s exports of agricultural, forestry and aquatic products up nearly 17% in the first five months of 2022

 Last Update: 2022-08-10
 Source: Internet
 Author: User

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(NDO) According to the Ministry of Agriculture and Rural Development of Vietnam, the total import and export value of agricultural, forestry and aquatic productsin the first five months of 2022 is expected to be about US$43 billion, an increase of 6% over the same period in 2021; of which the export value is about US$22 billion, an increase of 18%; the import value was 11 billion US dollars, down 3.
The trade surplus of agriculture, forestry and aquatic products reached nearly 1 billion US dollars, three times that of the same period last yea.

In May, the export of agricultural, forestry and aquatic products continued to maintain a good growth tre.
Exports are estimated at more than $1 billion, up 11% from May 2021 and 8% from April 202 Among them, the export value of main agricultural products exceeded 2 billion US dollars, the export value of main forest products was 7 billion US dollars, the main aquatic products exceeded 1 billion US dollars, and the export value of livestock and poultry products was 34 million US dolla.

Overall, in the first five months of this year, the export value of major agricultural products exceeded US$4 billion, an increase of 14%; the export value of major forest products was nearly US$7 billion, an increase of 6%; the export value of aquatic products was estimated to reach nearly US$8 billion, an increase of 4
%; the export value of livestock and poultry products is estimated to be 139 million US dollars, a decrease of 12%; the export value of raw materials is about 1 billion US dollars, an increase of 5

Nine products or product series have been exported with a value of more than 1 billion US dollars, including: coffee, rubber, rice, cashew nuts, vegetable and fruit series, pangasius, shrimp, wood products and production raw material seri.

In terms of export markets, in the first five months of this year, Vietnam’s exports of agriculture, forestry and aquatic products to the Asian market accounted for 46% of the mark.
In addition, exports to the United States, Europe, Oceania and Africa accounted for 34%, 12%, 7% and 5% respective.

The largest export market of Vietnam’s agriculture, forestry and aquatic products is the United States, with an export value of nearly 5 billion US dollars, accounting for 28% of the market share; among which the export value of wood products and timber accounts for 65% of the export value of Vietnam’s agriculture, forestry and aquatic products in this mark.
China ranked second with over US$1 billion, with a market share of 18%; exports of vegetables and fruits alone accounted for 2
This is followed by Japan and South Korea with 7% and 8% respective.

A representative of the Ministry of Agriculture and Rural Development said that the ministry is vigorously promoting bilateral and multilateral cooperation activities to develop marke.
All units focus on negotiating and promoting the export of passion fruit and pomelo to Australia; rambutan, milk fruit, custard apple, tapioca chips, sugar, milk to Thailand; lemon and pomelo to New Zealand, bird's nest, feather products, fish meal to Chi.

In terms of imports, the Ministry of Agriculture and Rural Development said that the import value of major agricultural products was estimated at nearly US$13 billion, down 5%; the import value of major aquatic products was estimated to be around US$1 billion, an increase of 13%; the import value of major forest products was more than US$3 billion , an increase of 1%; the import value of livestock products was about 3 billion US dollars, down 17%; the import value of raw materials for production was estimated to be close to 2 billion US dollars, an increase of
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Aquatic products import and export export import

In terms of export markets, in the first five months of this year, Vietnam’s exports of agriculture, forestry and aquatic products to the Asian market accounted for 46% of the mark.

In addition, exports to the United States, Europe, Oceania and Africa accounted for 34%, 12%, 7% and 5% respective.

The largest export market of Vietnam’s agriculture, forestry and aquatic products is the United States, with an export value of nearly 5 billion US dollars, accounting for 28% of the market share; among which the export value of wood products and timber accounts for 65% of the export value of Vietnam’s agriculture, forestry and aquatic products in this mark.

China ranked second with over US$1 billion, with a market share of 18%; exports of vegetables and fruits alone accounted for 2
This is followed by Japan and South Korea with 7% and 8% respective.

A representative of the Ministry of Agriculture and Rural Development said that the ministry is vigorously promoting bilateral and multilateral cooperation activities to develop marke.

All units focus on negotiating and promoting the export of passion fruit and pomelo to Australia; rambutan, milk fruit, custard apple, tapioca chips, sugar, milk to Thailand; lemon and pomelo to New Zealand, bird's nest, feather products, fish meal to Chi.

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