Export week from March 18-24

Information from the Vietnam Fruit and Vegetable Association (VINAFRUIT) said that, according to preliminary statistics of the customs industry, in March fruit and vegetable exports reached 433 million USD, an increase of 32.9% compared to the previous month and an increase of nearly 4% over the same period last year.

In total, in the first 3 months of the year, fruit and vegetable exports reached 1.25 billion USD, an increase of 27% over the same period in 2023. This is the first time that Vietnam’s fruit and vegetable exports reached and exceeded 1 billion USD immediately. during the first quarter of the year.
Notably, in the top 10 fruit and vegetable export markets of Vietnam (updated until the end of February), Thailand has risen to be Vietnam’s 4th largest fruit and vegetable import market. Vietnamese fruits and vegetables exported to Thailand grew by 125.9% over the same period last year, reaching 28.6 million USD, increasing Thailand’s market share from 2% to nearly 4%.

5 billion-dollar export commodity groups of the agricultural industry

According to the latest preliminary statistics of the General Department of Customs (from the beginning of 2024 to March 15). Among them, 3 new product groups reached billion-dollar turnover in the first 2.5 months of the year: coffee, vegetables and rice. Specifically, coffee exports reached a turnover of 1.574 billion USD, an increase of 61.1% over the same period last year (equivalent to an increase in turnover of nearly 600 million USD).

Rice reached 1.06 billion USD, an increase of 53.7% (equivalent to an increase in turnover of 370 million USD). Fruits and vegetables reached 1.03 billion USD, an increase of 40.3% (equivalent to an increase in turnover of nearly 300 million USD).

Wood and wood products continue to be the largest export group of the agricultural industry with a turnover of 2.86 billion USD, an increase of approximately 30% (equivalent to an increase in turnover of nearly 660 million USD).

Seafood reached 1.546 billion USD, an increase of nearly 10.6% (equivalent to an increase in turnover of nearly 150 million USD). Thus, the increased turnover of these 5 key product groups alone has reached more than 2 billion USD.

Lobster exports to China increased 27 times

According to information from the Vietnam Association of Seafood Exporters and Producers, in the first 2 months of 2024, seafood exports increased by 13% over the same period last year, mainly thanks to a sudden increase of 64% in January.
Many main products had positive growth, of which whiteleg shrimp increased by 18%, tuna increased by 21%, pangasius increased by 6.5%, and black tiger shrimp increased by 9%.

Notably, lobster exports reached nearly 30 million USD, an increase of 18 times compared to 1.6 million USD in the same period last year. Of which, blue lobster (rock lobster) exports accounted for more than 90% with 27.6 million USD, an 80-fold increase; followed by cotton lobster reaching 2.15 million USD, an increase of 45 times over the same period.

China is still the largest import market for Vietnamese lobster products, with a value of nearly 29 million USD, 27 times higher than the same period last year.

Seafood exports in the first 2 months of 2024 reached nearly 1.21 billion USD

According to preliminary statistics of the General Department of Customs, exports of seafood products in February 2024 decreased by 38.7% compared to January 2024 and decreased by 24.7% compared to February 2023, reaching nearly 459% .59 million USD. Overall, in the first 2 months of 2024, exports of this product group reached nearly 1.21 billion USD, an increase of 13.5% compared to the first 2 months of 2023.

Seafood exports the most to the Japanese market account for 16.3% of the country’s total export turnover of this product group, reaching over 196.9 million USD, an increase of 5.6% compared to the first 2 months of 2023; Of which, February 2024 alone reached 66.63 million USD, down 48.9% compared to January 2024 and down 30.2% compared to February 2023.

Ranked second in turnover is the US market, accounting for 15.6%, reaching nearly 188.59 million USD, up 22% over the same period; In February 2024 alone, exports to this market reached 77.79 million USD, down 29.9% compared to January 2024 and down 10.6% compared to February 2023.

Next, the Chinese market in February 2024 decreased by 19.4% compared to January 2024 and decreased by 20.3% compared to February 2023, reaching 81.3 million USD; In the first 2 months of 2024, exports to this market increased sharply by 43.7% compared to the first 2 months of 2023, reaching over 181.73 million USD, accounting for 15% of the total export turnover of this product group of the whole country. water.

In the first 2 months of the year, Vietnam’s fertilizer exports brought in more than 145 million USD

According to statistics from the General Department of Customs, in the first 2 months of 2024, the country exported 351,962 tons of fertilizers of all kinds, equivalent to 145.42 million USD, average price 413.2 USD/ton, an increase of 26.5 % in volume, up 12.8% in turnover but down 10.9% in price compared to the first 2 months of 2023.
In February 2024 alone, 171,741 tons of fertilizers of all kinds were exported, reaching 72.52 million USD, priced at 422.3 USD/ton, down 4.7% in volume, down 0.5% in turnover but up 4.4%. % of price compared to January 2024; Compared to February 2023, it increased 13.7% in volume, increased 11.5% in turnover but decreased 1.9% in price.

Exports to the Cambodian market account for over 19% of the country’s total volume and total fertilizer export turnover, reaching 67,530 tons, equivalent to 27.98 million USD, average price 414.3 USD/ton, an increase of 10%. % in volume, but down 5.4% in turnover and down 14% in price compared to the same period in 2023. Particularly in February 2024, exports to this market decreased by 21.3% in volume, down 26% in value. quota and a 6% decrease in price compared to January 2024, reaching 29,750 tons, equivalent to 11.9 million USD.

Behind the main market of Cambodia are markets such as: Korea reaching 60,720 tons, equivalent to 25.2 million USD, average price of 415 USD/ton, a sharp increase of 51.3% in volume, an increase of 63.6% in value. turnover and increased 8.1% in price, accounting for over 17% of the total volume and total fertilizer export turnover of the country.

Exports to the Philippine market reached 17,894 tons, equivalent to 8.1 million USD, average price 454 USD/ton, up 217% in volume and 90.9% in turnover, price decreased 39.8%, accounting for over 5 % of total volume and total turnover.

Exports to the Malaysian market reached 22,407 tons, equivalent to 7.4 million USD, average price 330.2 USD/ton, up 12.7% in volume, up 19% in turnover, price up 5.7%, accounting for 6.4% of total volume and 5.1% of total turnover.

Author: Ngoc Ngan
Source: congthuong.vn