According to the Ministry of Agriculture and Rural Development, in the first five months of 2023, China continues to be Vietnam’s largest agricultural, forestry and fishery export market. Export value to China accounted for 20.4%, up 2.9% over the same period in 2022.
However, not all products recorded high growth in the Chinese market. In addition to vegetables, dried cassava chips… achieving impressive growth, seafood and coffee are falling deeply in this large market, requiring timely solutions to increase turnover in time. next.
Increase and decrease interlaced
According to statistics of the General Department of Customs, in the first four months of 2023, vegetable and fruit exports to the Chinese market reached US$804,646 million, an increase of nearly 28% over the same period in 2022 and accounting for 58.67% of the market share. General Secretary of the Vietnam Fruit and Vegetable Association Dang Phuc Nguyen said that the increase in fruit and vegetable exports in the Chinese market was partly due to the fact that in April, many border gates between Vietnam and China increased their daily operating hours to meet the needs of customers. pick up truck. This shows that the demand from the Chinese market is huge after a long period of decline due to the impact of the Covid-19 epidemic.
In the first three months of the year, Vietnamese durian has not entered the main season, so exports are still moderate. In April and May, the supply of durian begins to be large, the export of this item has a strong increase. In addition, Vietnam has officially officially exported sweet potatoes to the Chinese market, creating momentum for the growth of this industry. Specifically, in April 2023, the General Administration of Customs of China approved and granted codes for 70 growing areas and 13 sweet potato packing establishments eligible for official export.
In addition to vegetables and fruits, dried cassava chips are one of the items with an increase in export turnover in the Chinese market in the past four months with an export volume of 411.84 thousand tons, worth 108.75 million USD, up 17.9% in volume and 11.2% in value over the same period in 2022, accounting for 90.31% of the country’s total export of dried cassava chips.
However, in the seafood sector, exports to the Chinese market are falling sharply. Generally in the first four months of 2023, Vietnam’s seafood exports to the Chinese market reached US$363.28 million, down 31.95% compared to the first four months of 2022. For coffee, according to the number According to statistics from the General Department of Customs, Vietnam’s coffee exports to the Chinese market in the first four months of 2023 reached 13.42 thousand tons, worth 40.38 million USD, down 7.4% in volume. and decreased by 9.3% in value over the same period in 2022.
In particular, in April 2023, the average export price of Vietnamese coffee to China reached US$2,940/ton, down 1.5% compared to March 2023 and down 11.3% compared to April. 2022. Generally for the first four months of 2023, the average export price of coffee to the Chinese market reached US$3,006/ton, down 2.1% over the same period in 2022. Vietnam’s coffee market share in the total China’s import volume decreased from 23.96% in the first quarter of 2022 to 13.9% in the first quarter of 2023. Statistics also show that the export turnover of processed coffee to China reached 24.23 million USD in the first four months of this year, down 16.6% over the same period in 2022. Besides, Vietnam’s pepper exports are still under pressure due to low consumption demand. Vietnam’s pepper market share in China’s total imports decreased from 39.36% in the first quarter of 2022 to 29.75% in the first quarter of 2023.
Good product, hit the demand
In order to increase export turnover in the Chinese market, agricultural products need to be of good quality and meet the needs of consumers. According to the Trade Promotion Department (Ministry of Industry and Trade), these are two important requirements to promote fruit and vegetable exports to China. As with dragon fruit – one of the main export products to China, in addition to the requirements on quality, food safety and hygiene as prescribed, exporters need to pay close attention to the needs of each stage. segment of this market.
Although China is the world’s largest dragon fruit importer, from 2015 up to now, the country’s import turnover has tended to slow down and decrease due to the development of the domestic dragon fruit production area. meet more of the consumer demand. Therefore, if you want to maintain and continue to grow dragon fruit exports, producers and businesses must create greater competitive advantages in terms of price, sweetness, and color for products. With potential durian products, too, China is currently expanding exploitation from many sources with different modes of transportation, so if Vietnam wants to dominate the market, it needs to improve quality, reduce costs and reduce costs. Maintain product reputation.
For the seafood sector, Deputy General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam, said: In the period 2018-2022, Vietnam-China seafood trade has grown. strongest in the main markets. China is currently the second largest seafood import market of Vietnam, after the US. The seafood products of Vietnam exported to China the most are shrimp, crab, salmon, squid, pollock, cod, and pangasius. In which, shrimp and pangasius are among the key export products. However, over the past time, due to the decrease in exports of these two items, the overall seafood export turnover to China has decreased.
According to VASEP, besides items with a decrease in turnover, dried anchovies exported to China are gaining great attraction with an increase of 50% in the first quarter of 2023. Many other products have a strong increase in export value such as dried shrimp. , frozen snapper, frozen sardines… This is also a suggestion for the expansion of export products to offset the turnover of enterprises.
In order to exploit the Chinese market well in the coming time, Director of the Asia-Africa Market (Ministry of Industry and Trade) Tran Quang Huy said: It is necessary to closely follow the developments of the Chinese market, especially in the current period China The country is aiming for high-quality growth in almost all areas. This means that China has and will continue to set higher requirements for export and import standards. This is an inevitable, irreversible trend that requires manufacturers and exporters of goods to change and adapt. Accordingly, study and urgently complete registration procedures before exporting agricultural products and food to the Chinese market. At the same time, continue to coordinate with Chinese partners to diversify export routes of goods through border gates, avoiding focusing on certain border gates; take advantage of the sea transport route, intermodal rail transport between Vietnam and China, minimizing the risk of causing congestion at border gates during the peak season.