Vietnam: 3 agricultural products with the highest turnover in 10 years

Published 2023년 9월 6일

Tridge summary

Vietnam has seen significant growth in its agricultural exports, with four products accounting for 88% of the total export turnover in the first 8 months of 2023. These products include vegetables, coffee, rice, and fruit, with fruit and vegetable exports alone reaching 3.49 billion USD, a YoY increase of 59.3%. While coffee exports have shown slightly lower growth compared to vegetables and fruits, Vietnam's rice exports have reached a milestone of 5 million tons and 3 billion USD in just 8 months, indicating strong growth in the sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: thuongtruong.com.vn According to the General Statistics Office, in the first 8 months of 2023, Vietnam has 4 exported agricultural products with a turnover of 1 billion USD or more with a value of 11.89 billion USD. The total export turnover of these four items accounts for 88% of Vietnam's agricultural export turnover. Notably, there are 3 agricultural products with the highest export value in 10 years, including vegetables, coffee and rice. Of which, fruit and vegetable products reached 3.49 billion USD, an increase of 59.3% over the same period last year (YoY) and 4.99 times higher than in 2013 (reaching 0.7 billion USD). In the first 8 months of 2023, except for January, which decreased by 16.8% over the same period last year (YoY), the remaining months of fruit and vegetable products all saw positive growth. In May and June alone, the growth rate has reached 159% YoY and 158% YoY. In the largest market, China (accounting for more than 50% of Vietnam's total fruit and ...
Source: AgroInfo.vn

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