According to the Ministry of Agriculture and Rural Development Vietnam, in the first two months of 2022, the total export and import turnover of agricultural, forestry and fishery products is estimated at nearly 14.2 billion USD, up 15.8% over the same period of the last year; in which, export is estimated at 8 billion USD, up 20.9%; imports were estimated at over 6.2 billion USD, up 10%. Thus, the trade surplus of agriculture, forestry and fishery reached nearly 1.8 billion USD, up 86.7% over the same period last year.
Particularly in February, the export turnover of agricultural, forestry and fishery products was estimated at nearly 3.3 billion USD, up 21.8% compared to February 2021 but down 31.4% compared to January 2022.
In general, in 2 months, the export of main agricultural products is estimated at over 3.2 billion USD, up 10.2%; seafood reached nearly 1.5 billion USD, up 47.2%; main forest products reached nearly 2.9 billion USD, up 17%… Particularly, livestock products reached 54.1 million USD, down 3.5%.
Specifically, a number of products/product groups with increased export value such as: coffee increased by nearly 36%, rubber 6.6%, rice over 22%, pepper nearly 44%, milk and dairy products on 11.1%, over 83% pangasius, over 34% shrimp; wood and wood products 15.5%…
Items with a decrease in export value such as tea nearly 11%, vegetables and fruits over 12%, cassava and cassava products nearly 13%…
Regarding the export market, the export value of agricultural, forestry and fishery products to markets in Asia accounts for 39.5% of the market share; America 30.8%; Europe 13.9% remaining Oceania and Africa.
The United States continues to be the largest export market of Vietnam’s agricultural, forestry and fishery products with over 2.3 billion USD, accounting for 28.2% of the market share. Particularly, the export turnover of wood products and wood products accounts for nearly 70% of the proportion of export turnover of agriculture, forestry and fishery to this market.
China ranked second with nearly 1.3 billion USD, accounting for 16.2% market share; Particularly, the export value of rubber group accounts for 33.3% of the proportion of export value of agriculture, forestry and fishery to this market.
Thus, difficulties in exporting by road in recent years have led to a change in the ranking of Vietnamese agricultural products exported to China. Meanwhile, for many years, vegetables and fruits have always been the items that account for the largest proportion of exports to the Chinese market.
Japan ranked third with an export value of nearly 586 million USD, accounting for 7.3% and the export value of wood products accounted for the largest proportion with 44.8% of the total agricultural export value. forestry and fishery products to this market.
In order to boost exports, the Ministry of Agriculture and Rural Development said that the ministry continues to promote the opening of agricultural markets with Peru, Australia, Brazil, China and the United States. with ministries and sectors to organize Vietnam Agricultural Products Week at EXPO 2022 Dubai and work with a number of bilateral partners with India, Argentina, and UAE.
The Minister of Agriculture and Rural Development holds talks with the EU Executive Vice President’s delegation to promote cooperation in the field of climate change within the framework of implementing the results of the COP26 Conference and combating illegal fishing. Legal, undeclared and unregulated are regulations on anti-fishing (IUU), propose solutions and petition the EU to remove the “yellow card” for Vietnam’s seafood industry.
To avoid possible disruptions in agricultural exports due to China’s new regulations, the functional units of the Ministry will continue to guide units and businesses to implement the provisions of Orders 248 and 249 of the General Department of Agriculture and Rural Development. China Customs Department. Up to now, 1,763 product codes have been granted to Vietnamese enterprises by the General Administration of Customs of China
Besides, before more and more new requirements on food safety and frozen and plant quarantine (SPS) of other countries, units of the Ministry have compiled 119 draft notices on SPS regulations of the country. member countries of the World Trade Organization (WTO) may affect Vietnam’s agricultural exports; and send it to the concerned agencies for consideration and comments.
For the domestic market, the Ministry has implemented solutions to increase the consumption of agricultural products in the domestic market such as: regularly exchanging and providing quick information on prices, output and production situation, Supply of agricultural products may face difficulties in consumption due to the epidemic situation. The Government advises the Government on solutions to solve the congestion of agricultural products at the border gate.
The Ministry of Agriculture and Rural Development also said that,out of 6.2 billion USD of imports, the import value of main agricultural products was estimated at nearly 4 billion USD, up 17.6%; aquatic products also increased by 11%; production input group increased by 2.8%. Only the main livestock and forestry products group saw a decrease in imports with over 14% and over 3%, respectively.