US the largest buyer of agro-forestry-fishery products from Vietnam
VOV.VN - There was a change in the structure of the agro-forestry-fishery export market during the first two months of the year as the United States accounted for the largest proportion with US$2.1 billion, thereby putting the Chinese market in second place with US$2.065 billion.
According to details given by the Ministry of Agriculture and Rural Development (MARD), the total agro-forestry-fishery export turnover was estimated to be at US$9.84 billion during the two-month period, marking a surge of more than 50% over the same period from last year, with a trade surplus of US$2.68 billion, a nearly 2.9-fold increase.
Export turnover witnessed a drastic upturn thanks to increases recorded in all export commodity groups. In particular, contributing to this result were agricultural products with US$5.18 billion; forestry products with US$2.9 billion, these two commodity groups increased by nearly 60%; and aquatic products with US$1.37 million, up 29%.
Key products all achieved higher export value than the previous year, including wood products with US$1.68 billion, coffee with US$1.38 billion, fruit and vegetables with US$970 million, rice with US$708 million, cashew nuts with US$595 million, and shrimp at US$403 million.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien, assessed from the market structure that the quality of local agricultural products meets the demands of high-end markets. This shows that the recovery of markets, as well as the restructuring of the agricultural sector, is more closely linked to the industry.
In addition to the markets of China, the US, Japan, and the EU, moving forward the MARD will focus on exporting agro-forestry-fishery products to Halal, Middle Eastern, and African markets.
Also according to Deputy Minister Tien, the MARD is currently directing De Hues Group to focus on exporting chicken meat to the Halal market. It is expected that next May, the group will sign co-operation agreements with the first two countries for exports. The Ministry has also directed the fisheries industry to focus on promoting and opening the Halal market.
“Even though we have exported to many markets and trade promotion has been effective, we must enter demanding markets with special characteristics so that Vietnamese agricultural products can access more segments, many more markets for greater export revenue," Deputy Minister Tien added.
