Vietnam just collected 28 billion USD of agricultural products, which customers are the biggest?

In May, agricultural, forestry and fishery exports continued to maintain impressive growth momentum, reaching 28 billion USD, up more than 15% over the same period last year. In terms of market regions, Asia remains the largest destination for Vietnamese agricultural, forestry and fishery products, accounting for 42% of the total market share; in terms of countries, Vietnam's three largest export markets include the US, China and Japan.

In May, turnover export The total agricultural, forestry and fishery sector in May is estimated to reach 6.28 billion USD, an increase of 19.6% over the same period in 2024.

In the first 5 months of this year, the total export value reached more than 28 billion USD, an increase of more than 15% over the same period last year.

With this result, he Phung Duc Tien - Deputy Minister of Agriculture and Environment (MARD) - commented: "We are getting closer to the export target of 70 billion USD assigned by the Government. However, in the context of the market still having many potential uncertainties, the industry needs to make more efforts to ensure sustainable growth".

Mr. Phung Duc Tien - Deputy Minister of Agriculture and Environment.

By market region, Asia remains the largest destination for commodities. Vietnam's agricultural, forestry and fishery products accounted for 42% of the total market share. Other key markets include the Americas (23%) and Europe (16.1%), while Africa and Oceania accounted for 3.3% and 1.3%, respectively. The most notable growth came from Europe (up 46.8%) and Africa (up 94.1%) - showing that the potential for market expansion is still very large.

By country, Vietnam's three largest export markets include the US (20.5%), China (17.3%) and Japan (7.3%). Exports to the US and Japan increased sharply by 14.1% and 25.9% respectively, while China decreased slightly by 0.2%.

Contributing greatly to the export growth momentum are key items such as: Wood and wood products (6.99 billion USD), coffee (835.9 thousand tons, earning 4.79 billion USD), seafood (4.11 billion USD), rice (4.5 million tons, revenue 2.34 billion USD), vegetables and fruits (2.24 billion USD)...

A bright spot in the agricultural export picture is durian - a product considered to bring great benefits to the agricultural sector - which has initially overcome difficulties in the Chinese market. Minister of Agriculture and Rural Development Do Duc Duy directly worked with the General Administration of Customs of China, helping Vietnam to be recognized with 829 additional growing area codes and 131 packaging facilities. Notably, China has officially cleared 24 tons of frozen durian - opening up a promising direction for this king of fruits.

Processing seafood for export. Photo: Vietnam+.

Mr. Phung Duc Tien said that in the coming time, the agricultural sector will focus on developing domestic and foreign consumption markets. Specific solutions include: Handling market issues to maintain and expand exports to the US, China, Japan, and the European Union. Taking advantage of free trade agreements; strengthening domestic consumption connections, especially through e-commerce platforms such as Postmart, Shopee, Tiki, TikTok, Zalo, etc.

Deputy Minister of Agriculture and Rural Development emphasized: "In the next phase, agricultural and rural export will be promoted." Forestry and fisheries will continue to be stable if we persist in innovating production towards reducing emissions, strengthening the circular economic model, effectively controlling epidemics and maintaining national food security.

Source: https://baoquangninh.vn/viet-nam-vua-thu-28-ty-usd-nong-san-khach-nao-sop-nhat-3361254.html