Vietnam’s agri-export trade soars in 2024, showing scope for foreign investment

게시됨 2024년 11월 18일

Tridge 요약

Vietnam has experienced a 16% year-on-year increase in trade turnover from January to October 2024, reaching US$647.87 billion, with exports contributing nearly US$335.59 billion and imports surging by 17% to US$312.28 billion. The country's fruit and vegetable exports have also seen significant growth, totaling US$6.4 billion from January to October, a 33% rise from the previous year, with durian making up nearly half of these exports. Despite challenges such as competition and technical trade barriers, the Vietnam Fruit and Vegetable Association recommends building dedicated production zones and seeks further government support in infrastructure development. Investment opportunities in agri-processing, AgriTech, cold chain logistics, digital transformation, and sustainable production zones are identified for strategic growth in the agricultural sector.
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원본 콘텐츠

Vietnam’s robust agri-export growth in 2024 highlights significant investment opportunities in agri-processing, AgriTech, cold chain logistics, digital transformation, and sustainable production zones, driven by rising global demand and strategic government support. Vietnam trade performance: January to October 2024 Vietnam has achieved remarkable trade performance in 2024, recording a 16 percent year-on-year increase in trade turnover for the first 10 months, reaching US$647.87 billion, according to the General Department of Customs. Export activities contributed nearly US$335.59 billion, rising 15 percent, while imports surged by 17 percent to reach US$312.28 billion. Despite this robust growth, Vietnam’s trade surplus slightly narrowed, totaling US$23.31 billion compared to US$24.8 billion during the same period last year. Growth drivers In October alone, import-export revenue climbed to US$69.19 billion, a 5 percent increase year-on-year, demonstrating sustained momentum. The ...
출처: WTOCenter

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