Agricultures, Foods, News & Event
Exporting agricultural products strives to reach the finish line
Kinhtedothi – With the goal of reaching the export target of 55 billion USD, the agricultural sector and businesses are stepping up production, diversifying markets, creating momentum for strong products to make a breakthrough in the last months of the year.
Agricultural trade surplus reached 9.3 billion USD
Information from the Ministry of Agriculture and Rural Development, in the first 10 months of 2023, the total export turnover of agriculture, forestry and fishery products reached 43.08 billion USD, down 4.2% over the same period last year. In the past 10 months, because the export value of some main export products decreased sharply, the total export value overall still decreased compared to the same period of the year. Of which, export turnover of seafood group reached 7.45 billion USD, down 20.5%; forest products 11.65 billion USD, down 19.3%.
Particularly, agricultural and livestock products have increased value. The export value of agricultural products reached more than 21.9 billion USD, an increase of 17%, of which the export of fruits and vegetables contributed 4.91 billion USD, an increase of 78.9%; rice 3.9 billion USD, up 34.9%; cashew nuts 2.9 billion USD, up 14.8%. The export value of livestock products reached 402 million USD, an increase of 22%. In particular, the trade surplus value of agriculture, forestry and fisheries in 10 months reached 9.3 billion USD, up 26.2% over the same period last year.
Assessing the export situation of agriculture, forestry and fishery products, Deputy Minister of Agriculture and Rural Development Phung Duc Tien commented: “In October 2023, exports reached 4.81 billion USD, an increase of 7.43% compared to September 2023.” and increased by 11.9% compared to October 2022, and if at this rate of increase, the agricultural industry can reach the target of exporting agriculture, forestry and fishery products reaching 53.5 billion USD.
Notably, some agricultural products have high average prices such as: rice price 558 USD/ton, an increase of 15.3%; coffee 2,527 USD/ton, up 10.3%; tea 1,710 USD/ton, up 6.3%. China, the US and Japan continue to remain the three largest export markets.
Regarding markets, Asia is still the main export market for agriculture, forestry and fishery products in 10 months with 21.13 billion USD, an increase of 5.7%; Next is the Americas with 9.74 billion USD, down 20.6%; Europe 4.5 billion USD, down 11.8%; Africa 910 million USD; increased by 21.6%; Oceania 641 million USD, down 17.2%.
Sharing the actual operations of the business, Chairman of the Board of Directors of Viet Agricultural Product Processing and Export Joint Stock Company Nguyen Van Huynh said that the business specializes in exporting fruits such as pineapple, baby melon, and lychee. The company’s products are exported to the EU, Asia and some countries such as Russia, UAE, UK, Kazakhstan, Uzbekistan… in large quantities. The business’s goal in 2023 is to reach 4 million USD in exports. Up to now, the export value has reached 3 million USD. Therefore, the business is continuing to boost production and prepare adequate supplies for foreign partners.
Strictly comply with quality regulations
According to economic experts, many exported agricultural products have decreased due to the impact of the world market, political fluctuations in countries and the effects of climate change. Besides, agricultural exports are still unsustainable, when the quality is not uniform, the export market is loosely established, there is no durability, and the brand has not been affirmed.
Notably, the Korean Ministry of Food Safety and Drugs informed that Vietnam’s dried red peppers violated food safety regulations. Previously, the EU market also warned about the quality of some other Vietnamese agricultural products, such as fresh vegetables, fruits, and rice. This is a warning bell that Vietnamese agricultural products need to eliminate and create a place and position in the world agricultural supply market.
Reality shows that in order to export sustainably, businesses must comply with requirements from import markets. Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that to establish a sustainable market, businesses need to organize production according to VietGAP, GlobalGAP standards and importing country standards. At the same time, must comply with regulations on quality standards, testing, quarantine, packaging, product traceability…
The Ministry of Agriculture and Rural Development always accompanies businesses in market negotiations as well as controlling farming and growing areas. The Ministry also focuses on processed products to increase value, ensure product quality, and promote the unique strengths of Vietnamese agricultural products.
According to Deputy Minister of Industry and Trade Do Thang Hai, the Ministry of Industry and Trade will coordinate with the Ministry of Agriculture and Rural Development to analyze the market, focusing on strong products to boost exports, compensate for declining products, and promote exports. strive to reach the target of 55 billion USD as the target set for 2023.
The last 2 months of the year require both farmers and businesses to maintain quality and ensure supply. On this basis, the Ministry of Agriculture and Rural Development and the Ministry of Industry and Trade focus on promoting trade in traditional markets such as the US, China, Japan, EU… with advantageous products, while promoting negotiations. to diversify agricultural products officially exported to many markets.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien
Source: https://kinhtedothi.vn/xuat-khau-nong-san-no-luc-ve-dich.html