Leading the growth were agricultural products, with exports valued at US$21.49 billion, up 17%. This was followed by forestry products at US$10.38 billion, up 8.6% and seafood at US$6.06 billion, up 13.8%.

Many of Vietnam's key export products recorded significant value growth.

Coffee exports saw their value soar by 65.1% to US$6 billion, driven by a 53% increase in the average price per tonne, even with a small 7.6% rise in volume. Similarly, the value of cashew nut exports grew by 17.4% to US$2.79 billion despite a slight decline in volume.

Pepper exports also saw their value increase by nearly 30% to almost US$1 billion, largely because the average price jumped by 47%. Rubber followed a similar trend, with a 13.9% increase in export value to US$1.61 billion, despite a minor dip in volume.

Rice exports saw a 15.9% decline in value to US$2.81 billion, due to a significant 18.4% drop in price, even as export volume increased.

Although fruit and vegetable exports saw a modest 0.9% increase to US$3.92 billion. Shipment to China, the largest market, fell by 24.3%, while exports to the US surged by 65.5%.

Six product categories each generated a surplus of over US$1 billion, led by wood products (US$7.7 billion) and coffee (US$5.78 billion), while shrimp and pangasius also performed well. However, some key imports, including animal feed, cotton, and corn, ran a trade deficit.

Asia remained Vietnam's largest export market, accounting for 42.6% of the total value. Notably, exports to Europe surged by 43.1%. The US, China, and Japan were the top three individual markets.

Shrimp, coffee, and durian fuel July surge in agro-exports

VOV.VN - Shrimp, coffee, and durian were Vietnam’s key agricultural performers that saw simultaneous increases in both prices and export volumes in July, offering a much-needed boost to the market after months of stagnation, according to the Ministry of Agriculture and Environment (MoAE).