Agricultures, Foods, News & Event
Export of agricultural products: Breakthrough in the last months of the year
From the beginning of 2023 until now, many agricultural products have recorded new records in export, with figures worth billions of dollars. However, the export value of agricultural products in the first 8 months of 2023 is expected to reach just over 33 billion USD, down 9.5% over the same period last year.
With the goal of reaching 55 billion USD in exports, the Agriculture sector is stepping up production, diversifying markets, creating momentum for strong products to make a breakthrough in the last months of the year.
Many export items set new records
Items: Vegetables, fruits, rice, coffee … are the bright colors in the export of agricultural products of Vietnam. Typically, rice is expected to earn more than $2.6 billion in 8 months for the Agriculture industry.
The Asian market continues to be the largest export region, accounting for about 77.7% of total rice exports, up more than 35.8%; The European market grew by more than 28% and the African market also recorded a growth of nearly 5%… In particular, the average export price of rice reached 533 USD/ton, the highest in the past 10 years.
Another bright spot is vegetables and fruits, expected to export more than 3.5 billion USD in 8 months, up more than 68% over the same period and exceeding 2022. It is worth mentioning that Vietnamese vegetables and fruits Nam is completely capable of setting a new record, reaching the 5 billion USD mark in 2023. Durian, mango, dragon fruit, and banana are the products contributing the largest turnover.
According to Director of the Department of Crop Production (Ministry of Agriculture and Rural Development) Nguyen Nhu Cuong, Vietnamese durian and bananas are increasingly popular in many countries due to their improved quality. Meanwhile, Vietnam’s durian crop is long, from February to June harvested in the Western provinces and from June to October harvested in the Eastern provinces and Central Highlands provinces, so the output is abundant. abundant, competitive prices compared to products from Thailand and the Philippines. It is expected that in 2023, Vietnam’s durian export will reach about 1.2-1.5 billion USD.
Coffee also recorded an upswing. As of mid-August 2023, exports of this product reached 1.54 million tons, with an export turnover of 2.81 billion USD, down 20% in volume, but up nearly 5% in value due to increased export prices. High. The average coffee export price from the beginning of the year until now is 2,828 USD/ton, an increase of more than 500 USD/ton compared to the same period in 2022.
According to Vice President of the Vietnam Coffee and Cocoa Association Do Ha Nam, the whole year’s exports are expected to reach about 1.718 million tons, with an export turnover of 4.2 billion USD, the highest ever.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that although the export value of agricultural products in the first 8 months of 2023 is expected to reach just over 33 billion USD, down 9.5% over the same period last year, many products were recorded. , a product group with an export value of more than 1 billion USD and many products that set new records.
Strictly comply with quality regulations
Although many bright spots were recorded, agricultural exports still had dark colors. For example, seafood is expected to earn more than 10 billion USD this year, but from the beginning of the year until now, the export value of this product has only reached more than 5 billion USD.
Chairman of the Board of Directors of Sao Ta Food Joint Stock Company Ho Quoc Luc said that in the past 2 months, shrimp exports are gradually recovering. Hopefully, in the last months of the year, seafood businesses will accelerate to make up for the shortfall in sales.
Experts say that many agricultural exports have decreased due to the impact of the world market, political fluctuations in countries and the effects of climate change.
However, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien, the export of agricultural products is still unsustainable, when the quality is not uniform, the export market is set up loosely, has no durability, and has not yet confirmed the brand.
Notably, the Korean Ministry of Food and Drug Safety reported that Vietnam’s dried red chili peppers violated regulations on food safety. Previously, the EU market also warned about the quality of some other agricultural products of Vietnam, such as: vegetables, fresh fruit, rice, etc. position in the world agricultural product supply market.
In fact, in order to export sustainably, enterprises must comply with the requirements from import markets. Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that in order to establish a sustainable market, businesses need to organize production according to VietGAP, GlobalGAP and importing country standards. At the same time, they must comply with regulations on quality standards, testing, quarantine, packaging, product traceability…
The Ministry always accompanies businesses in market negotiations as well as controlling farming and growing areas. The ministry also focuses on processed products, in order to increase value, ensure product quality, and promote the unique strengths of Vietnamese agricultural products.
“The Ministry of Agriculture and Rural Development will work with other ministries and sectors to analyze the market, focus on products with strengths to boost exports, make up for those items that are decreasing, and strive to reach the target of 55 billion USD as set target. of 2023″, Deputy Minister Phung Duc Tien emphasized.
Source: https://hanoimoi.vn/xuat-khau-nong-san-but-pha-nhung-thang-cuoi-nam-639636.html