Agro-forestry-fishery exports enjoy new record in 2022

Monday, 26/12/2022 18:00
The agro-forestry-fishery sector has made new export records in 2022 thanks to the diversification of markets and products, reported Vietnam News Agency.
leftcenterrightdel
The agro-forestry-fishery sector has made new export records in 2022. (Photo: VNA) 

The sector’s export turnover is expected to top 53 billion USD in the year with a trade surplus of 7.8 billion USD, up nearly 48% year-on-year, statistics show.

Notably, fishery exports would reel in nearly 11 billion USD, a 20-year high since Vietnam joined the international market. Records have been seen in shrimp, tra fish (pangasius) and tuna exports, with 4.3 billion USD, 2.4 billion USD and 1 billion USD in revenues, respectively.

Given the 40-year high inflation and currency fluctuations in many markets and surging prices due to the Russia-Ukraine conflict, which have forced importers to consider reducing orders, Vietnamese businesses have flexibly diversified markets and products, according to Director of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s Trade Promotion and Training Centre Le Hang.

She held that free trade agreements (FTAs), especially the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), have significantly benefited the domestic fishery industry, explaining that exports to the CPTPP markets expanded by 30% to make up 26-27% of the country’s total fishery export value.

leftcenterrightdel
Illustrative image (Source: VNA) 

Trade promotion activities both at home and abroad have also played a role in the hikes, Hang added.

In the year, rice export is also expected to hit a record of 7 million tonnes, said Do Ha Nam, Vice Chairman of the Vietnam Food Association, noting that rice contracts would be maintained in early 2023 thanks to high prices.

Deputy Director of the Vietnam Academy of Agricultural Sciences Dao The Anh attributed the outstanding results to agricultural restructuring, which has created a firm foundation for the sector to move ahead.

Many Vietnamese agricultural products have gained access to new markets, for example durian, sweet potato and bird's nests winning permit to ship to China, pomelo to the US, longan to Japan, and lemon and pomelo to New Zealand.

The sector will make greater efforts to reach more markets with diverse products, but the achievements in market opening should be maintained, said Hoang Trung, Director of the Plant Protection Department under the Ministry of Agriculture and Rural Development.

Hang also suggested that the State should issue specific policies on market, tax and capital to better access foreign markets in the time ahead.

For his part, Anh stressed the need to continue diversifying markets, including China, and satisfy their requirements in food safety and packaging, expressing his belief that ample room will remain for Vietnam’s agro exports next year.

Vietnam among favorite destinations for Thai tourists

The number of Thai tourists is increasing as many popular destinations reopen without restrictions, according to Tourism Authority of Thailand (TAT) Director General Yuthasak Supasorn.

leftcenterrightdel
Vietnam among favorite destinations for Thai tourists. (Photo: nhandan.vn) 

Meanwhile, foreign currency which is weaker than the baht is also supporting the development of the overseas tourism market. The top destinations for Thai tourists during the New Year holiday are Japan, the Republic of Korea, Vietnam, Singapore and Laos. The increasing number of flights to those destinations also helped expand the overseas tourism market this month.

The majority of Thais who can afford outbound travel are middle- to high-income earners who were unable to travel abroad during the COVID-19 pandemic. Director General Yuthasak Supasorn said that the foreign tourism market in December, especially during the New Year holiday, recorded the highest level over the past three years.

According to TAT data, in October and November, an average of 28,000 Thai tourists made flights abroad every day. This number increased slightly to 28,800 arrivals per day between December 1 and 20, while the peak period is predicted to be from December 21 to 31, with 33,400 tourist arrivals per day. Citing data from online travel agency booking.com, Director General Yuthasak Supasorn said that Thai tourists booked more hotels in Asia this month.

Meanwhile, Thai AirAsia (TAA) CEO Santisuk Klongchaiya said that after adding more flights to Japan, average airfare on the route to Fukuoka has dropped slightly to 11,000-13,000 baht. He added the average load factor to Japan has increased to 90% this month, as its Airbus A321neo planes have a capacity of more than 230 seats.

Thai AirAsia X, the long-haul carrier under TAA, also reported a high load factor of 88% in December as it expanded its network to Japan’s main airports in Tokyo, Osaka and Sapporo.

Shrimp exports to Australia enjoy 62% rise

Vietnamese shrimp are increasingly popular in Australia’s large supermarket chains, and Asian stores in this country, according to the Vietnam Trade Office in Australia.

leftcenterrightdel
Photo for illustration. (Source: baochinhphu.vn)

Vietnam saw sharp growth in shrimp exports to Australia. As of mid-October this year, shrimp exports to the market reached nearly 214 million USD, up 62% over the same period last year. This is a record increase in major export markets of Vietnam.

Not only shrimp products, 2022 also witnessed an impressive growth of seafood exports to Australia, with a significant increase of 42.64% after 11 months compared to the same period last year, reaching a turnover of more than 331 million USD.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), despite ranking 6th in shrimp imports from Vietnam, accounting for about 6%, Australia is considered a potential market for Vietnamese shrimp in recent years.

Vietnam’s main shrimp products exported to Australia include boiled, headless and tailed frozen whiteleg shrimp; fresh frozen PD headless tailless vannamei, fresh frozen PDTO headless tailless vannamei, and frozen IQF PD whiteleg vannamei.

Vietnam among Top 3 mango suppliers to RoK

Vietnam is the third largest mango supply market for the Republic of Korea (RoK) between January and November 2022, reaching 1,700 tons, worth 7.4 million USD, up 19.1% in volume and 24.8% in value year on year, according to statistics from the Korea International Trade Association (KITA).

leftcenterrightdel
Photo for illustration. (Source: congthuong.vn) 

Average price of mango imported from Vietnam reached 4,232.3 USD per ton, up 4.7% year on year, KITA said.

Thailand and Peru are the two largest mango supply markets for the RoK in the 11 months. Imports from the two markets accounted for 81.2% of total mango imports. In which, the RoK reduced its imports of mangoes from Thailand and sharply increased imports from the Peruvian market.

The Ministry of Agriculture and Rural Development’s report on import and export of agricultural, forestry and fishery products to the Chinese market showed that Vietnam’s fruit and vegetable export value in the RoK in October 2022 reached 12.3 million USD, accounting for 4% of the total export value of vegetables and fruits.

Between January and October, the export value to the market reached 149.7 million USD (a 5.4% market share), up 13.3% over the same period last year.

Vietnam’s fruit and vegetable export structure to the RoK in October 2022 included fresh, dried, frozen, and preliminarily processed vegetables and fruits worth 5.4 million USD, accounting for 43.5% of the market, while processed vegetables and fruits were worth 6.9 million USD (56.5%)./.

BTA

RELATED NEWS

  Comment
FullName
Email
Contents
Confirm