Vietnam: Agricultural product exports to Europe increased, despite difficulties caused by the epidemic

Published 2021년 6월 21일

Tridge summary

Despite the challenges posed by the COVID-19 epidemic, Vietnam has managed to increase its agricultural exports to the European market, with the export turnover of agricultural and aquatic products reaching 22.58 billion USD in the first five months of the year, a 30.1% increase from the same period in 2020. The country has also seen a significant growth in the export value of key products such as seafood, cashew nuts, and fruits. The EU is the third largest market for Vietnam's agricultural exports, with seafood exports to the EU in the first five months of 2021 reaching 390.4 million USD, an increase of 15% from the same period in 2020. The country is also experiencing a resurgence in coffee exports to the EU, with Germany and Italy being the largest consumer markets. Additionally, the EU is the second largest market for Vietnam's cashew nut consumption. The Ministry of Agriculture and Rural Development is implementing various solutions to further increase exports and prepare for the post-COVID-19 solution for the main export markets.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam overcomes difficulties caused by the COVID-19 epidemic, boosting exports of key products such as seafood, cashew nuts, fruits, etc. to the European market. Exported Vietnamese lychee are displayed on store shelves. at France. Photo: Minh Thuy Exports of many agricultural products to Europe increased sharply According to the Ministry of Agriculture and Rural Development (MARD) in the first 5 months of the year, the export turnover of agricultural and aquatic products reached 22.58 billion USD, up 30.1% over the same period in 2020. In which, the export value of main agricultural products is estimated at 7.78 billion USD, up 13%; livestock export value reached USD 166 million, up 43.9%; seafood export value reached 3.24 billion USD, up 12%... Regarding Vietnam's export market, Europe (EU) ranks 3rd (10.1% market share, after Asia (46.5% market share) and America (27.0% market share). . "Vietnam's seafood exports to the EU in the first five months of 2021 reached over $380 ...
Source: Vinacas

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