Agricultures, Foods, News & Event
Durian ‘surpasses’ dragon fruit in terms of export turnover
Vietnam’s 2023 Import-Export Report clearly states that contributing to the growth of agricultural and fishery exports are 4 groups of agricultural products including: vegetables, rice, cashew nuts, and coffee.
Leading the group of Vietnamese agricultural products is vegetables and fruits. Vietnam’s fruit and vegetable exports in 2023 will reach 5.6 billion USD, an increase of 66.7% compared to 2022 thanks to a sharp increase in exports to China, EU, and Korea markets.
Fruit export turnover still accounts for the largest proportion of total fruit and vegetable export turnover in 2022. Of which, durian export has replaced dragon fruit to occupy the first position with a proportion of 55.4% of total export value. Fruit exports, reaching 2.24 billion USD, an increase of 430% compared to 2022.
In 2023, China will be Vietnam’s largest fruit and vegetable consumption market with a turnover of 3.6 billion USD, an increase of 138.7% over the previous year, accounting for 65.0% of the total vegetable export turnover. results for the whole country.
The structure of the fruit and vegetable export market has also changed quite a lot compared to 2022: the proportion of the Chinese market increased from 45.4% to 65% thanks to a sharp increase in durian consumption demand; while the proportion of other main markets decreased such as the United States (down from 7.4% to 4.6%), Korea (from 5.4% to 4.0%).
Regarding rice products, in 2023, the country’s rice export turnover will reach 8.13 million tons, worth 4.7 billion USD, an increase of 14.4% in volume and 35.3% in turnover compared to the previous year. 2022. Vietnam’s export rice prices continue to remain at a high level. There was a time when Vietnam’s export price of 5% broken rice was higher than the price of rice of the same type in Thailand and India. The average export price in 2023 will reach 575 USD/ton, an increase of 18.3% compared to the average level in 2022.
Vietnam’s traditional rice export markets recorded high export results compared to 2022. Specifically, the Philippines continues to be Vietnam’s largest rice import market, accounting for 38.7% of total exports. exports, reaching 3.14 million tons with a value of more than 1.75 billion USD, down 1.0% in volume but up 17.6% in turnover compared to 2022.
The report clearly states that in 2023, although Vietnamese coffee exports will not increase in output, thanks to the good price of Robusta coffee, the value will still increase compared to the previous year, thereby, Vietnam will continue to maintain its position. Number two in the world in coffee exports, after Brazil.
Vietnam’s coffee exports in 2023 reach 1.62 million tons, worth 4.24 billion USD, down 8.7% in volume and up 4.6% in value compared to 2022. Average export price reaching 2,614 USD/ton, an increase of 14.5% compared to 2022.
Regarding cashew products, Vietnam’s cashew exports in 2023 will reach 644,000 tons, worth 3.64 billion USD, an increase of 24% in volume and an increase of 18.1% in value compared to 2022. Average export price Vietnam’s cashew nuts reached 5,657 USD/ton, down 4.7% compared to 2022.
Notably, in 2023, Vietnam’s cashew exports to all major markets increased compared to 2022. In particular, the amount of cashew exports increased sharply to UAE markets (up 72.3%). , China (up 49.8%), Saudi Arabia (up 46.3%), UK (up 24.1%).
In 2023, the United States will be Vietnam’s largest cashew import market, accounting for 24.6% of the country’s total cashew exports, at 158,500 tons, worth 886 million USD, an increase of 10.3%. in volume and an increase of 5.1% in export turnover compared to 2022.
Source: https://dttc.sggp.org.vn/sau-rieng-vuot-mat-thanh-long-ve-kim-ngach-xuat-khau-post114109.html