Global Agriculture

Agro – forestry and fishery exports increased

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06 December 2021, China: The total export value of the first 11 months of 2021 was estimated at 43.49 billion USD, up 14.2% over the same period in 2020. In which, the export value of agricultural products was estimated at 19.34 billion USD, up 13.7%; The export value of livestock products was estimated at 393 million USD, up 4%; Seafood export value was estimated at 7.95 billion USD, up 3.5%; The export value of forestry products was estimated at 14.26 billion USD, up 20.9%; export value of production inputs was estimated at 1.54 billion USD, up 25.9%; salt export value was estimated at 2.6 million USD, up 7.8%.

It is estimated that the total export value of Vietnam’s agro – forestry and fishery products in the first 11 months of 2021 to Asian markets increased by 12%, reaching 18.73 billion USD; the Americas increased by 23.3%, reaching 12.87 billion USD; Europe increased by 12.7%, reaching 4.98 billion USD; Africa increased by 9.2%, reaching 819 million USD; Oceania rose 4.9%, reaching 676 million USD. The market shares of the regions of Asia, America, Europe, Africa and Oceania in the total export value of Vietnam’s agro – forestry and fishery products in the first 11 months of 2021 are 43.1%, 29.6%, 11.5%, 1.9% and 1.6%, respectively.

In the first 11 months of 2021, the United States, China, Japan and South Korea are the 4 largest export markets for Vietnam’s agro – forestry and fishery products. Export value to the US market accounted for 27.5%, up 23.8% over the same period in 2020; China accounted for 19.2% (+13.1%). Japan accounted for 6.9% (+3%) and Korea accounted for 4.4% (+9%).

Import turnover of agro – forestry and fishery products in November 2021 was estimated at 3.7 billion USD, up 41.4% compared to November 2020. Total import value in the first 11 months of 2021 was 39.18 billion USD, an increase of 39% over the same period in 2020. In which, the import value of agricultural products was estimated at USD 24.9 billion, up 54.2%; Import value of livestock products was estimated at 3.1 billion USD, down 1.8%; Import value of fishery products was estimated at 1.8 billion USD, up 11%; Import value of forest products was estimated at 2.8 billion USD, up 20.5%; Import value of production inputs was estimated at 6.6 billion USD, up 33.6%; Import value of salt was estimated at 18 billion USD, down 1%.

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