Vietnam’s agricultural, forestry, and fishery products exports to China account for more than 22%

Published 2023년 10월 23일

Tridge summary

Vietnam's agricultural, forestry, and fishery exports reached $38.48 billion in the first nine months of 2023, with China being the largest importer, accounting for 22.1% of total exports. Despite declining exports to traditional markets, Vietnamese exports to China grew by 13.8% year-on-year, with fruit and vegetable exports accounting for 64% of the total. Vietnam is negotiating agreements with China to expand exports of watermelons, durians, peppers, medicinal materials, and citrus fruits, and manufacturers need to focus on quality, packaging, labeling, and traceability to comply with Chinese regulations.

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Original content

Vietnam's Ministry of Agriculture and Rural Development revealed that Vietnam's total exports of agricultural, forestry and fishery products in the first nine months of 2023 reached approximately US$38.48 billion. Vietnam's exports to China accounted for 22.1% of Vietnam's total foreign exports, and China is also Vietnam's largest exporter of agricultural, forestry and fishery products. market. It is worth noting that, against the backdrop of declining exports of Vietnam’s agricultural, forestry and fishery products to traditional large markets such as the United States and Japan, Vietnam’s exports to the Chinese market achieved a year-on-year growth target of 13.8%. Since the beginning of the year, in the context of global trade being negatively affected by weak purchasing power, Vietnam's agricultural exports to China have still shown a good growth trend, of which fruit and vegetable exports account for 64% of Vietnam's total fruit and vegetable exports. According to ...

Source: Foodmate