Honey exports to the US from Vietnam fell by 90%, the lowest in more than 10 years

Honey

United States

Vietnam

Published May 26, 2022

Tridge summary

According to statistics from the US International Trade Commission (USITC), the US imported a total of 31,980 tons of honey in the first quarter of this year with a value of 116.3 million USD, down 32% in volume and down 3%. in terms of value compared with the same period of the previous year. In particular, the amount of honey exported from Vietnam to the US has plummeted by nearly 90% compared to 10,532 tons in the same period last year, to only 1,145 tons. This is also the lowest volume that Vietnam's honey industry has exported to the US in more than 10 years. It is noteworthy that all of Vietnam's honey exports to the US came from January and no shipments were recorded in February and March. With this decrease, Vietnam dropped to No. 7 in honey exports to the US compared to 2nd place last year. Vietnam's share of total US honey imports accordingly fell to 3.6% in the first quarter of 2022 from 26% in 2021. Figures from USITC.

Original content

According to statistics from the US International Trade Commission (USITC), the US imported a total of 31,980 tons of honey in the first quarter of this year with a value of 116.3 million USD, down 32% in volume and down 3%. in terms of value compared with the same period of the previous year. In particular, the amount of honey exported from Vietnam to the US has plummeted by nearly 90% compared to 10,532 tons of the same period last year, to only 1,145 tons. This is also the lowest volume that Vietnam's honey industry has exported to the US in more than 10 years. It is noteworthy that all of Vietnam's honey exports to the US came from January and no shipments were recorded in February and March. With this decrease, Vietnam dropped to No. 7 in honey exports to the US compared to 2nd place last year. Vietnam's share of total US honey imports accordingly fell to 3.6% in the first quarter of 2022 from 26% in 2021. Figures from USITC. (Chart: Hoang Hiep) The reason why Vietnam's honey ...

Source: Vinanet