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Home > News > Food Industry News > In 2022, Vietnam's exports of agriculture, forestry and fishery products reached a record high

In 2022, Vietnam's exports of agriculture, forestry and fishery products reached a record high

foodmate 2023-01-04

According to the Ministry of Agriculture and Rural Development, Vietnam's exports in the agricultural sector will exceed US$53.22 billion in 2022, an increase of 9.3% over 2021, and the trade surplus is expected to be US$8.5 billion, an increase of 30% year-on-year.

 
Among them, the export value of major agricultural products reached 22.59 billion US dollars, an increase of 4.8%; The export value of major forest products reached US$16.93 billion, an increase of 6.1%; The export value of aquatic products reached US$10.92 billion, an increase of 22.9%; Exports of livestock products reached $400 million, down 7.1 percent.
 
There are 11 products with an export value of more than $1 billion, of which 7 products have an export value of more than $3 billion. Specifically, exports of timber and wood products reached $10.92 billion, shrimp exports reached $4.33 billion, coffee exports reached $3.94 billion, rice exports reached $3.49 billion, rubber exports reached $3.31 billion, vegetables and fruits reached $3.34 billion, and cashew nuts reached $3.07 billion.
 
On the market side, the agricultural sector continued to focus on the domestic market while promoting exports. The Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade work closely together to implement mechanisms and policies such as trade promotion, negotiation, and market development, promptly resolve difficulties and problems encountered in export promotion activities, and flexibly respond to the impact of the new crown pneumonia epidemic and the Russia-Ukraine conflict on the global agricultural product supply chain.
 
The Ministry of Agriculture and Rural Development has established channels for exchanges and the Agricultural Counsellors of Vietnam in other countries to exchange and provide export market information, and will increase the promotion of major markets such as China, the United States, the European Union, Russia, Brazil and other major markets in an online format, effectively exploring potential markets in Japan, South Korea, ASEAN, Australia, New Zealand and the Middle East. (End)

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