Information released by Vietnam’s Ministry of Agriculture and Rural Development shows that in the first eight months of this year, Vietnam’s total import and export of agricultural, forestry and fishery products reached $66.2 billion, up 8.7% year-on-year, according to Vietnam Customs Online on August 29.
Among them, exports amounted to nearly 36.3 billion U.S. dollars, up 13.1 percent year-on-year. Among them, the main agricultural products exports nearly 15 billion U.S. dollars, an increase of 7.4%; the main forest products exports over 11.8 billion U.S. dollars, an increase of 6.2%; aquatic products exports over 7.5 billion U.S. dollars, an increase of 35.3%; animal husbandry 258 million U.S. dollars, a decline of 12.2%; production inputs nearly 1.7 billion U.S. dollars, an increase of 48.2%.
In the first eight months of this year, the United States continues to be the largest export market for Vietnam’s agricultural, forestry and aquatic products, with exports amounting to $9.6 billion (26.4%); followed by the Chinese market, about $6.5 billion (17.8%); the third is the Japanese market, with exports exceeding $2.7 billion (7.4%); the fourth is the South Korean market, with exports exceeding $1.7 billion (4.7%).
On the import side, the import value of Vietnam’s agricultural, forestry and fishery products in the first 8 months exceeded 29.9 billion U.S. dollars, up 3.9% year-on-year. As a result, Vietnam’s agricultural trade surplus in the past eight months exceeded $6.3 billion, up 94.6% year-on-year.
Source: Economic and Commercial Section, Consulate General in Ho Chi Minh City
Post time: Sep-06-2022