American agricultural products are most favored by Vietnamese people: 10 months, the whole country imported 3.3 billion USD

Published 2021년 11월 5일

Tridge summary

In October 2021, Vietnam's agricultural, forestry, and fishery exports saw a decrease of 15.6% from October 2020 but an increase of 4.2% from September 2021, totaling over US$3.4 billion. From January to October 2021, exports reached nearly 38.8 billion USD, marking a 13.1% increase year-over-year. The US remains the largest market for these exports, with nearly 3.3 billion USD.

Notably, despite a decrease in volume, pepper exports experienced a 44.2% increase in value due to a significant rise in average export price. Other products like coffee, livestock, shrimp, and wood products also saw increases in value. The US continues to be the largest importer of Vietnam's agricultural products, with cotton being the most valued import.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Ministry of Agriculture and Rural Development, in October 2021, the export turnover of agricultural, forestry and fishery products is estimated at over US$3.4 billion, down 15.6% compared to October 2020 but up 4.2% compared to October 2021. with September 2021. In the first 10 months of 2021, the export turnover of agricultural, forestry and fishery products is estimated at nearly 38.8 billion USD, up 13.1% over the same period last year. In the 10 months of 2021, it becomes the largest agricultural product export market to Vietnam with nearly 3.3 billion USD, accounting for 9.2% market share. In which, the export of main agricultural products is estimated at nearly 17.4 billion USD, up 12.7%; main forest products reached about 12.8 billion USD, up 22.3%; seafood reached nearly 6.9 billion USD, down 0.8%; livestock production was estimated at 359 million USD, up 6.1%; the production input group was about $1.4 billion, up 22.3%. Generally, in the first 10 months ...

Source: Vinacas