Global Agriculture

Export of agro-products in the first 5 months estimated at 23.2 billion USD

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02 June 2022, VN: According to the Ministry of Agriculture and Rural Development (MARD), in May 2022, the export turnover of agricultural, forestry and fishery products was estimated at over US$5.1 billion, up 18.1% compared to May 2021, up 3. 8% compared to April 2022.

Generally, in the first 5 months of 2022, the export turnover of agricultural, forestry and fishery products is estimated at nearly 23.2 billion USD, up 16.8% over the same period last year. In which, exports of main agricultural products reached over US$9.4 billion, up 10.4%; main forest products reached nearly 7.7 billion USD, up 7.6%; seafood is estimated at nearly 4.8 billion USD, up 46.3%; livestock production was estimated at 138.9 million USD, down 16.2%; export of production inputs about 1.1 billion USD, up 59.3%.

In the first 5 months of 2022, there were 09 products/product groups with export value of over USD 1 billion, including: Coffee, rubber, rice, cashew, vegetable and fruit group, pangasius, shrimp, wood products and input group for production.

Some products have higher export value compared to the same period last year, such as: Coffee export value reached nearly 2.0 billion USD (up 54.0%); rubber export reached over USD 1.0 billion (up 12.0%); pepper export about 476 million USD (up 25.7%); export of cassava and cassava products reached USD 636 million (up 20.3%); pangasius exports reached about 1.2 billion USD (up 91.2%); shrimp exports reached over 1.9 billion USD (up 42.7%); export of wood and wood products reached nearly 7.2 billion USD (up 6.9%); rattan, bamboo and sedge mats reached $426 million (up 19.1%).

Regarding the export market, the United States is still ranked No. 1 with an export turnover of nearly 6.5 billion USD (accounting for 28.0% of the market share); China ranked second with export turnover of over 4.1 billion USD (accounting for 17.8% market share); followed by the Japanese market with an export value of over 1.6 billion USD (accounting for 7.0% market share); the fourth is the Korean market with an export value of over 1.1 billion USD (accounting for 4.8% market share)./.

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