Agricultural, forestry, and fishery exports in April 2022 brought 4.8 billion USD, up 11.2% compared to the same period last year, and down 2.6% compared to March 2022. The export value of fertilizer is about 439 million USD, 2.9 times more than the same period last year.
The agricultural sector has 5 products/groups of products with a turnover value of over one billion USD. (Photo: Internet)
The Ministry of Agriculture and Rural Development said that the total import-export turnover of agricultural, forestry, and fishery products in the first four months of 2022 was about 31.8 billion USD, up 7% compared to the same period last year.
Agricultural, forestry, and fisheries exports reached about 17.9 billion USD, up 15.6%; imports reached 13.9 billion USD, down 2.3%. By this time, the entire agricultural sector saw a trade surplus in exports of nearly four billion USD, 3.2 times more than in the first four months of the previous year.
FERTILIZER EXPORT INCREASED ALMOST THREE TIMES
In the first four months of 2022, the agricultural sector had five products/groups of products with a turnover value of over one billion USD (coffee, rice, fruit and vegetable group, shrimp, and wood products).
Some items reached higher export value compared to the same period, such as coffee, rubber, pepper, cassava and cassava products, Tra fish, shrimp, wood, and wood products.
Specifically: The export value of coffee reached nearly 1.7 billion USD (up 59.4%); rubber about 869 million USD (up 10.9%); pepper about 367 million USD (up 29.6%); cassava and cassava products 574 million USD (up 29.5%), Tra fish 894 million USD (up 89.6%), shrimp over 1.3 billion USD (up 38.6%), wood and wood products nearly 5.5 billion USD (up 4.5%); rattan, bamboo, reed 339 million USD (up 22.7%).
The items having a decrease in export value includes: Tea reached 51 million USD (down 13.2%), fruit and vegetable group about 1.2 billion USD (down 14.6%), cashew nut 889 million USD (down 6.7%).
In the first four months of 2022, export of key agricultural products reached over 7.4 billion USD, up 10.5%; export of key forestry products reached nearly 5.9 billion USD, up 4.9% year-on-year. Fishery export in the first four months is estimated at nearly 3.6 billion USD, up 43.7%; farming is estimated at 105.4 million USD, down 19.0% compared to the first four months of 2021.
In the first four months of the year, the export of agricultural inputs reached about 883 million USD, an increase of 70.7%; especially fertilizers with an export value of about 439 million USD, up 2.9 times compared to the same period last year.
In terms of markets, it is estimated that the value of Vietnam’s agricultural, forestry, and fishery exports in the first four months of the year to Asia accounts for 41.0% of the market share; America for 29.7%; Europe for 12.8%; Africa for 1.8%, and Oceania for 1.7%.
The largest export market is the United States, reaching nearly 4.9 billion USD (accounting for 27.3% of the market share). Export turnover of wood and wood products accounts for 68.2% of Vietnam’s export turnover of agricultural, forestry, and fishery products in this market.
The second is China with over 3.2 billion USD (accounting for 18.1% of the market share) with export turnover of rubber accounting for 22.4% of the total export turnover of agricultural, forestry, and fishery products.
The third is Japan with a turnover value of nearly 1.3 billion USD (accounting for 7.1%) and exporting the largest group of wood products (accounting for 44.0% of the export value of agricultural, forestry, and fishery products to this market).
The fourth is South Korea with 822 million USD (accounting for 4.6%) and exporting the largest group of wood products (accounting for 43.9% of the export value of agricultural, forestry, and fishery products to South Korea).
Fertilizer export in the first 4 months of 2022 increased almost three times. (Photo: Internet)
AGRICULTURAL IMPORTS DECREASED
According to the Ministry of Agriculture and Rural Development, in the first four months of the year, the import turnover of agricultural, forestry, fishery products, and agricultural materials is estimated at nearly 13.9 billion USD, down 2.3% compared to the same period in 2021.
In particular, the import value of key agricultural products is estimated at nearly 8.8 billion USD, down 2.9%; fishery products 564.3 million USD, up 13.0%; key forestry products 988.2 million USD, down 3.6%; farming products 979.8 million USD, down 14.9%; production inputs 2.4 billion USD, up 4.0% (the import value of animal feed and materials is nearly 1.5 billion USD, down 11.9%; fertilizer 625.4 million USD, up 73.3%).
In the first four months of 2022, the whole country imported 880.9 thousand tonnes of fertilizer and 4.5 million tonnes of animal feed and aquatic feed.
Regarding the import market, Cambodia became the largest agricultural supplier to Vietnam, reaching 1.6 billion USD, accounting for 11.4% of the market share. In particular, cashew nut accounts for 50.8% of the import turnover value of agricultural, forestry, and fishery products from Cambodia.
Next, the United States and Brazil both reached about 1.1 million USD, accounting for 8.1% (cotton accounted for about 34.4% of the good value from the United States and 30.9% from Brazil).
In April, the Plant Protection Department performed a phytosanitary inspection on 47.4 thousand imported and exported batches with a weight of nearly 7.8 million tonnes; checked the food safety of 1.78 million tonnes of imported plants.
Along with that, the Department has checked 862 imported batches of fertilizer mainly from China, Japan, Laos, South Korea, Hong Kong, USA, Thailand, France, etc, and 331 batches of pesticides mainly from China, Germany, Singapore, USA, India, Japan, Thailand, Korea, etc.
Agricultural, forestry, and fishery imports reached 13.9 billion USD, down 2.3% (Photo: Internet)
PROMOTING THE DEVELOPMENT OF THE AGRICULTURAL MARKET
Mr. Nguyen Quoc Toan, Director of Agricultural Processing and Market Development Department, said that in April 2022, the agency has developed a plan to survey the consumption and development of the agricultural market in localities, and border gates, and also worked with the Enterprise Development Department (Ministry of Planning and Investment) on the Manual on Digital Transformation for small and medium-sized enterprises in the agricultural sector.
In April, the Agricultural Processing and Market Development Department has continued to guide units and enterprises to implement the provisions of Orders 248 and 249 of the General Department of Chinese Customs. The Department has also compiled 78 notifications of the regulation draft on SPS and solved 11 alerts from the EU.
By the end of April 2022, there were 2,033 Vietnamese agricultural and fishery product codes licensed by the General Department of Chinese Customs for export to China. Currently, the Ministry of Agriculture and Rural Development is preparing to promote the supply chain of fruits and seafood in China.
Besides, the agency is focusing on negotiating and completing procedures (risk assessment, inspection, etc.) to promote the export of mango and chicken to Korea, grapefruit and lemon to Newzealand; feather, swallow’s nest and products from swallow’s nest, dairy products to China; honey to the EU. The agency is also surveying grapefruit growing areas and irradiation factories to agree on plans to export grapefruit to the United States.
Referring to international cooperation and market development in May, Mr. Nguyen Quoc Toan said that in the coming time, the software system of local agricultural supply and demand data will be updated. A training course on ” Food quality and safety, traceability in agricultural production and processing” will be held – This is the first step of the three-step digitization process for Vietnam’s agricultural products.
The Agricultural Products Processing and Market Development Department will also prepare for bilateral working with the UK, Germany, France, Spain, and South Korea. Along with that, the Department is building a scheme to promote agricultural, forestry, and fishery exports to the EU, the United States, China, and Japan. One of the key tasks in May 2022 is to prepare technical content for the meeting of the SPS Committee of the CPTPP Agreement, to propose the opening of the agricultural products market to the countries participating in the CPTPP Agreement.