Agricultures, Foods, News & Event
Fruit and vegetable exports set a historic record, earning 4.91 billion USD
DNVN – By the end of October 2023, the fruit and vegetable export sector earned 4.91 billion USD, setting a historical record. The trade surplus in the agricultural sector also increased sharply compared to the same period last year.
Identifying local agricultural products, opening the way for official exports / Agricultural product orders return, businesses speed up exports
According to the Ministry of Agriculture and Rural Development, in October 2023, agricultural, forestry and fishery exports are estimated to reach 4.81 billion USD, up 7.43% over the previous month and up 11.9% over October. 2022. Of which, the agricultural product group reached 2.47 billion USD, an increase of 31.1% compared to October last year; livestock 40 million USD, up 6%; forest products 1.28 billion USD, down slightly by 0.2%; seafood 850 million USD, down 5.9%; production input 162 million USD, down 12.3%.
Accumulated in the first 10 months of 2023, exports of the entire agricultural sector reached 43.08 billion USD, down 4.2% – the decrease is gradually decreasing, showing that the export market is recovering strongly in the last months of the year. By the end of October, many agricultural products recorded strong growth.
In particular, the fruit and vegetable group earned 4.91 billion USD, up 78.9% over the same period last year. This is also the highest number in the history of the fruit and vegetable industry.
Fruit and vegetable export turnover currently ranks 3rd among the key commodity groups of the agricultural industry, only behind the export of aquatic products and forestry products. Rice exports also set a historical record when reaching 3.97 billion USD, an increase of 34.9%; cashew nuts reached 2.92 billion USD, an increase of 14.8%; livestock products 402 million USD, up 22%…
However, some export commodity groups still have negative growth such as: seafood reached 7.45 billion USD, down 20.5%; forest products 11.65 billion USD, down 19.3%; production inputs 1.64 billion USD, down 20.3%. In the first 10 months of 2023, the trade surplus of the entire agricultural sector reached 9.3 billion USD, up 26.2% over the same period last year and exceeding far from the figure of 8.5 billion USD for the whole year 2022.
Sharing about this result, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that the sharp increase in agricultural surplus plays a very important role for the agricultural sector in particular and the economy in general. .
Export markets are recovering strongly, next month’s turnover increases more than the previous month. Meanwhile, the last 2 months of the year are considered the “golden season” of the year due to increased demand from markets. Exported vegetables, rice, and cashew nuts grew well, compensating for the decline in other commodity groups. Vietnam will complete its agricultural export target for 2023.