Global Agriculture

Agro-forestry and fishery exports in July 2022 were estimated at 4.76 billion USD

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08 August 2022, Vietnam: According to the Ministry of Agriculture and Rural Development, agro-forestry and fishery exports in July 2022 were estimated at 4.76 billion USD, bringing the total export value in the first 7 months of 2022 to 32.29 billion USD, up 12.2% compared to the previous year. In which, main agricultural product exports were estimated at 13.31 billion USD, up 8.4%; The export value of livestock products was estimated at 226 million USD, down 11.6%; Seafood was estimated at USD 6.67 billion USD, up 34.2%; Forest products was estimated at 10.42 billion USD, up 1.3%; Production inputs was estimated at 1.67 billion USD, up 66.7%; Salt was estimated at 3.2 million USD, up 85.8%.

Estimated total export value of agro-forestry and fishery products in the first 7 months of 2022 of Vietnam to Asia increased by 14.9%, reaching 13.7 billion USD; America increased by 5.2%, reaching 9.45 billion USD; Europe increased by 18.9%, reaching 3.85 billion USD; Oceania increased by 25.4%, reaching 545 million USD; Africa decreased by 7.5%, reaching 509 million USD. The share of Asia, America, Europe, Oceania and Africa in the total export value of Vietnam’s agro-forestry and fishery products in the first 7 months of 2022 was 42.4%, 29.3%, 11.9%, 1.7% and 1.6%, respectively.

In the first 7 months of 2022, the United States, China and Japan are the 3 largest export markets for Vietnam’s agro-forestry and fishery products. Export value to the US market accounted for 26.8%, up 3.4% over the same period in 2021; China accounted for 17.8% (+5.8%), and Japan accounted for 7.2% (+18.5%).

Total import turnover of agro-forestry and fishery products in July 2022 was estimated at 3.9 billion USD, bringing the total import value in the first 7 months of 2022 to 26 billion USD, up 1.6% over the same period in 2021. In which, the import value of agricultural products was estimated at 16 billion USD, down 0.6%; Livestock products was estimated at 1.9 billion USD, down 11.6%; Fishery products was estimated at 1.5 billion USD, up 27.9%; Forest products was estimated at 1.9 billion USD, up 0.5%; Production inputs was estimated at 4.7 billion USD, up 9.4%; Salt was estimated at 19.2 million USD, up 83.6%.

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