Export of agricultural products in first 6 months reach 27.88 billion USD

Thursday, 30/06/2022 16:00
Export of agro-forestry-fishery products recorded a remarkable growth to 27.88 billion USD in the first half of the year, a year-on-year increase of 13.9%, according to the Ministry of Agriculture and Rural Development.

Photo for illustration 

In which, total value of the groups of key farm produce and forestry products reached 11.37 billion USD and 9.1 billion USD, up 8.8% and 3% year-on-year, respectively.

Export value of fishery products during the six months posted 5.8 billion USD, up 40.8% annually, livestock production was 176 million USD, down 15.9%, and input for production was 1.42 billion, up 64.8%.

Notably, the expansion of export markets has helped Vietnam have 9 products and groups of products with high export value,  worth over 1 billion USD, including: Coffee, rubber, cashew, vegetables and fruit, rice, pangasius, shrimp, wood products, and inputs for production. In which, rubber, coffee, rice, cassava and cassava products enjoyed increases in both volume and export value.

Regarding export markets, four markets (the US, China, Japan and the Republic of Korea) imported the most agro-forestry-fishery  products of Vietnam.

In which, the US is the top market with a value of 7.61 billion USD in the 6 months, up 7.9% year on year and accounting for 27.3% of the total export value. The main group of products exported to the US market are wood and wood products (accounting for about 66.8%), shrimp, pangasius, cashew nuts, pepper, vegetables and rice.

China ranked second with a value of USD 4.97 billion in the 6 months, up 5.9% year on year, accounting for 17.8% of the total. Major products exported to China are vegetables, rubber, cassava (tapioca), rice and seafood.

According to the Ministry of Agriculture and Rural Development, the sector strives to earn 55 billion USD from farm produce exports in 2022, higher than the assigned target of 5 billion USD./.