Although the export value of agricultural, forestry, and fishery products to the US in April decreased by 1.4% compared to the same period last year, the US remained the largest market in the first quarter, accounting for 20.5% of the total overseas shipments.
China was the biggest buyer of Vietnam’s agro-forestry-fishery products in 2023, and it is expected to remain a promising market with numerous opportunities for Vietnamese farm produce to increase the market share and export value.
Vietnam is currently a major producer of agricultural products, an achievement greatly attributable to science and technology, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s food industry is growing strongly thanks to people’s improved income, increased purchasing power, and the supply of diverse and highly competitive products, an official told a policy dialogue in Hanoi on April 13.
The agro-forestry-fishery export turnover reached 6.28 billion USD in the first two months of 2023, a drop of 22.5% year on year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam recorded an export surplus of 6.28 billion USD in agro-forestry-fishery products in the first seven months of this year, according to the Ministry of Agriculture and Rural Development.
Vietnamese businesses had 320 codes of agricultural and food products licensed to be exported to China as of 11am on December 24, according to the Vietnam Sanitary and Phytosanitary Notification Authority and Enquiry Point (SPS Vietnam).
Vietnam shipped 43 billion USD worth of agro-forestry-fishery products abroad during January-November, according to the Ministry of Agriculture and Rural Development.
Exports were estimated at 240.52 billion USD by the end of the third quarter, rising 18.8 percent year on year, while imports stood at around 242.65 billion USD, resulting in a trade deficit of 2.13 billion USD.
Agricultural exports to China posted impressive growth between January and May, with shipments of some produce even matching or surpassing the corresponding figures for the entire 2020, data of the Plant Protection Department under the Ministry of Agriculture and Rural Development showed.
Vietnam racked up 27.7 billion USD from exports in January, up 0.2 percent from the previous month and 50.5 percent from the same period last year, according to the Ministry of Industry and Trade (MoIT).
Nearly 200 businesses will promote their products in booths at the upcoming 2020 Vietnam International Agriculture Fair (AgroViet 2020), heard a press conference in Hanoi on November 23.
Ho Chi Minh City exported 36.7 billion USD worth of goods during the first 10 months of 2020, up 5.5 percent year-on-year, the municipal Department of Industry and Trade has reported.
The Vietnamese Embassy in Venezuela held a webinar on August 11 to introduce the Southeast Asian country’s agricultural potential to Venezuelan partners.
The agriculture sector needs to address challenges related to branding, geographical indications, traceability, and intellectual property to take full advantage of the free trade agreement Vietnam has signed with the EU, speakers said at a meeting on July 24.
HCM City earned 9.85 billion USD from exports in the first quarter of 2020, a year-on-year increase of 7.5 percent, thanks to support policies and effective trade promotion.