Export value of 10 agricultural products fire on all cylinders

Photos. Sources: Internet

According to information announced today by the Ministry of Agriculture and Rural Development (MARD) on March 1, 2022, in the first two months of 2022, the total import-export turnover of agricultural, forestry and fishery products is estimated at nearly US$14.2 billion, an increase of 15.8% year on year.

In particular, despite the difficulties in the Chinese market due to the measures to control the Covid-19 pandemic, the export of agricultural, forestry and fishery products still achieved quite impressive numbers.

Specifically, in February 2022 alone, export turnover was estimated at nearly US$3.3 billion, up 21.8% compared to February 2021. In the first 2 months of 2022, the export turnover of agriculture, forestry and fishery products is estimated at about US$8 billion, up 20.9% year on year.

In which, the export of main agricultural products is estimated at over US$3.2 billion, up 10.2%; seafood reached nearly US$1.5 billion, up 47.2%; main forest products reached nearly US$2.9 billion, up 17.0%.

Notably, there are 10 products/product groups with a sharp increase in export value, including: coffee (35.6%); rubber (6.6%); rice (22.3%); pepper (43.8%); milk and dairy products (11.1%); meat, meat by-products (3.6%); pangasius (83.3%); shrimp (34.3%); wood and wood products (15.5%); bamboo and rattan, sedge (49.2%).

The US was Vietnam's largest agricultural, forestry and fishery export market in the first two months of the year with a value of over US$2.3 billion (accounting for 28.2% of the market share). In which, the export turnover of wood and wood products accounted for 69.9% of the proportion of Vietnam's agricultural, forestry and fishery export turnover in this market.

China ranked second with an export value of nearly US$1.3 billion (accounting for 16.2% of the market share) with export turnover of rubber group comprising for 33.3% of agricultural export turnover of forestry and aquatic products to China.

"There has been a change in the ranking of Vietnamese agricultural products exported to China instead of traditional ones such as vegetables and fruits with the largest proportion of exports in this market," a representative of the Ministry of Agriculture and Rural Development added.

Japan and Korea took third and the fourth with an export value of nearly US$586 million and about US$376 million, respectively.

In terms of international cooperation and market development, the Ministry of Agriculture and Rural Development has continued to coordinate to promote the opening of agricultural markets with Peru, Australia, Brazil, China, the United States, and ASEAN, Russia, Czech Republic; organized Vietnam Agricultural Products Week at EXPO 2022 Dubai and worked with a number of bilateral partners with India, Argentina and the United Arab Emirates (UAE).

In addition, the Ministry of Agriculture and Rural Development also held talks with the EU Executive Vice President's delegation to promote cooperation in the field of climate change and combating illegal, unreported and unregulated (IUU) fishing; proposed solutions and petitioned the EU to remove the "yellow card" for Vietnam's seafood industry.

The Ministry also guided units and enterprises to comply with the provisions of Order 248 on "Regulations on management of registration of foreign food production enterprises" and Order 249 on "Measures to manage import and export food safety" of the General Administration of Customs of China.

Accordingly, up to now, 1,763 product codes have been granted to Vietnamese enterprises by the General Administration of Customs of China.

As of February 25, 2022, the Vietnam SPS Office (MARD) has also compiled 119 draft notices on regulations on food hygiene and safety and animal and plant quarantine (SPS) of other members of the World Trade Organization (WTO) that may affect Vietnam's agricultural exports, sent it to relevant agencies for consideration; handled seven EU warnings about Vietnamese agricultural products and food products violating EU regulations.