Mango is popular in Vietnam
According to the Ministry of Industry and Trade's 2016 Export-Import Report, export turnover of agricultural and aquatic products reached over USD 22 billion last year, an increase of 7.7% compared to 2015, accounting for 12.6% of export turnover. The whole country. China is still the largest export market of Vietnam's agriculture and fisheries (25.4%) with turnover of 5.62 billion USD. Ranked second place is the EU region with export value of 3.71 billion, up 12% over 2015; Next, the United States is Vietnam's third largest market (about 15%) with $ 3.35 billion, up 17.5% over the previous year.
In terms of commodity prices, in 2016, the majority of key export items of this industry have achieved positive growth compared to 2015. In particular, seafood continues to affirm the leading role of the "eldest" Agriculture has achieved export turnover of $ 7.05 billion, up 7.4% over 2015.
According to the Ministry of Industry and Trade, Vietnam's seafood export in 2016 still faces some difficulties in the market such as low demand, fierce competition from other exporters and fences. Technical barriers, trade in the United States, EU, Japan, Taiwan, China. In addition, Vietnamese seafood products in general and products of strength such as shrimp and pangasius in particular have not built up their trademarks in export markets. Hurt by competitors' unwillingness to propagandize.
The second important note on the export symphony was coffee with a turnover of $ 3.34 billion, up 24.9%, followed by cashew nut with a turnover of $ 2.84 billion, up 18, 5% over the previous year. Including deep products and by-products (cashew nut shell, cardanol ...), the export turnover of the whole industry reached over 3.1 billion USD, the highest ever. Since 2006, Vietnam has been the world's largest exporter of cashew nut, accounting for 28% of processed cashew and 42% of cashew nut exports globally in 2016.
According to the other 3 sectors, the other groups also had impressive growth such as: $ 2.5 billion of vegetables, up 33.6%; Pepper $ 1.43 billion, up 13.5%; Rubber $ 1.67 billion, up 9.2%; Tea 217 million, up 2.1%; ...
On import, the total import value of agricultural and aquacultural products reached USD 11.3 billion, accounting for 6.5% of the total import value of Vietnam. Thus, last year, this group of goods has surplus nearly $ 11 billion, contributing significantly to balance the trade balance of Vietnam.
The Ministry of Industry and Trade (MoIT) report also shows that many agricultural and fishery products in Vietnam continue to affirm their market share in major countries in the world. This is a clear confirmation of the efforts to improve the quality, branding, promote trade in goods ... of the Government and enterprises in 2016 achieved high efficiency.
Source of baocongthuong.com.vn
