Potential of Vietnamese agricultural products exported to Nordic markets

Published 2023년 9월 1일

Tridge summary

Vietnam's agricultural products and food make up a small portion of Northern Europe's imports, but there is potential for growth. The Vietnam-EU Free Trade Agreement has improved the competitiveness of Vietnamese aquatic products, providing opportunities for exporters to sell directly to the Nordic market at higher prices. Coffee, fruits and vegetables, cashew nuts, and rubber are other commodities with potential for export to the Nordic countries.

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

Original content

Northern Europe is a potential market for Vietnamese agriculture. However, Vietnam's agricultural products and food only account for a small part of these countries' total imports. Opportunities for Vietnam’s various commodities According to a representative of the Vietnamese Commercial Office in Sweden, Vietnam’s aquatic products exported to the Nordic market are mainly shrimps and frozen fish fillets. Most of the total amount of catfish and Penaeus monodon imported into this market originates from Vietnam. The entry into force of the "Vietnam-EU Free Trade Agreement" (EVFTA) has improved the competitiveness of Vietnamese aquatic products, and at the same time provided opportunities for Vietnamese exporters to directly export to the Nordic market at higher prices. Data from the Ministry of Industry and Trade of Vietnam show that Norway is the world’s largest exporter of aquatic products, but at the same time there is still a demand for imported aquatic products. ...

Source: Foodmate