Vietnam's agricultural, forestry, and seafood exports increase by 30.3% in 5 months of 2021

Published 2021년 6월 1일

Tridge summary

Vietnam has seen a significant increase in its agricultural, forestry, and fishery exports in the first five months of 2021, with a 30.3% rise compared to the same period last year, reaching 22.83 billion USD. This growth is evident across various product categories, including a 13.0% increase in main agricultural products, a 61.8% increase in forest products, and a 12.0% increase in seafood. The US, China, Japan, and Korea are the primary markets for these exports. The Ministry of Agriculture and Rural Development is actively exploring opportunities to further boost exports to China, Thailand, and the EU. The ministry also anticipates a surge in demand for agricultural products due to the Covid-19 pandemic and improved epidemic control in European countries.

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Original content

According to the Ministry of Agriculture and Rural Development, in the first five months of 2021, the country's export of agricultural, forestry and fishery products was estimated at 22.83 billion USD, up 30.3% over the same period last year. In which, the export of main agricultural products was estimated at 7.78 billion USD, up 13.0%; main forest products reached 7.06 billion USD, up 61.8%; seafood was estimated at 3.24 billion USD, up 12.0%; livestock production was estimated at 166 million USD, up 43.9%. Typical in the export of agricultural, forestry and fishery products in the first 5 months of 2021 are rubber, tea, vegetables and fruits, cashew nut, cassava and cassava products. These items increase both the volume and value of exports. Specifically, rubber products increased by 58.7% in volume and 93.9% in value; tea increased by 6.5% in volume and 10.4% in value; cashew nuts increased by 18.3% in volume, 4.9% in value; cassava and cassava products increased by 15.6% in ...

Source: Vietlinh