The total import and export turnover of agricultural, forestry, and fishery products in the first 5 months of 2022 is estimated at 41.3 billion USD, up 8.6% compared to the first 5 months of 2021. Exports amounted to about 23.2 billion USD, up 16.8% compared to the same period last year.
The export turnover of agricultural products increased highly. (Photo: Internet)
According to the MARD, in May 2022, the export turnover was estimated at over 5.1 billion USD, up 18.1% compared to May 2021, and 3.8% compared to April 2022. In particular, the export value of the main agricultural products was over 2.0 billion USD, the main forest products were estimated at nearly 1.7 billion USD, aquaculture reached over 1.1 billion USD, and breeding reached 32.4 million USD.
EXPORT TURNOVER INCREASED BY NEARLY 17%
Generally, in the first 5 months of the year, the export turnover of agriculture, forestry, and fisheries was estimated at nearly 23.2 billion USD, up 16.8% compared to the same period last year. Exports of key agricultural products reached over 9.4 billion USD, up 10.4%; key forest products reached nearly 7.7 billion USD, up 7.6%; fisheries was estimated at nearly 4.8 billion USD, up 46.3%; breeding was estimated at 138.9 million USD, down 16.2%; exports of inputs into production were about 1.1 billion USD, up 59.3%.
In the first 5 months of 2022, there were 9 products/groups of products with an export value of over 1 billion USD (coffee, rubber, rice, cashew, vegetable group, Tra fish, shrimp, wood products, and inputs for production group).
Some commodities reached higher export value compared to the same period, such as the coffee export value of nearly 2.0 billion USD (up 54.0%); rubber reached over 1.0 billion USD (up 12.0%); pepper reached about 476 million USD (up 25.7%); cassava and cassava products reached 636 million USD (up 20.3%); Tra fish reached about 1.2 million USD (up 91.2%); shrimp reached over 1.9 billion USD (up 42.7%); wood and wood products reached nearly 7.2 billion USD (up 6.9%); rattan, bamboo, reed reached 426 million USD (up 19.1%).
Commodities have a decrease in export value include: Tea reached 70 million USD (down 6.5%), fruit and vegetable group reached about 1.5 billion USD (down 13.6%), and cashew nut reached over 1.2 billion USD (down 2.9%). Although the export value of wood and wood products increased by 6.9%, the export value of wood products decreased by 4.6% with a value of over 4.9 billion USD.
“Vietnam’s export value of agricultural, forestry, and fishery products in the first 5 months of the year to markets in Asia accounts for 41.6% of the market share. Regarding other markets: America accounts for 30.4%, Europe for 12.0%, Oceania for 1.7%, and Africa for 1.5%. “
Ministry of Agriculture and Rural Development
Regarding export markets, the MARD said that the largest market still belongs to the US, reaching nearly 6.5 billion USD, accounting for 28.0% of the market share. The group of wood and wood products accounts for 67.5% of Vietnam’s export turnover of agricultural, forestry, and fishery products to the US.
The second place is the Chinese market of over 4.1 billion USD, accounting for 17.8% of the market share, with the export turnover of the vegetable and fruit group accounting for 20.8%.
The third place is the Japanese market with an export value of over 1.6 billion USD (accounting for 7.0%) and exporting the most wood products (accounting for 43.8%).
The fourth is the Korean market with an export value of over 1.1 billion USD (accounting for 4.8%) and the wood products group accounting for 44.2%.
Regarding the task of developing export markets in June 2022, Mr. Nguyen Quoc Toan – Director of Agricultural Products Processing and Market Development Department, said that we will continue to promote bilateral and multilateral cooperation, open agricultural markets with countries; promptly provide information, market regulations, export, and export-import control between Vietnam and China.
In June, the Department will agree on the plan to monitor and solve the export of lychee in the 2022 season in the context of Covid-19. Besides, the Department is planning to promote the supply chain of fruits and seafood in China. At the same time, we are preparing bilateral working content with Poland, Germany, France, Spain, Mongolia, Japan, and Hungary.
PLANTING AND BREEDING ARE STILL DIFFICULT, BUT AQUACULTURE IS FAVORABLE
According to the General Statistics Office, in the South, the Winter-Spring rice season was harvested by the middle of May 2022.
Based on the reports from the localities, the productivity of the Winter-Spring rice season this year was estimated at 693 kg/ha, down 170 kg/ha compared to the last year. It was the high price of fertilizer that caused farmers to limit investment along with the effect of large-scale rainfall from last month. Winter-Spring rice production in the southern provinces was estimated at 13.3 million tonnes, down 358.9 thousand tonnes.
The area of sweet potato, soybean, and peanuts continued to decrease compared to the same period last year mainly due to the not high economic efficiency, and high prices of fertilizer.
If in the coming time, the area of these crops continues to decrease, the domestic material resources for animal feed production will be impacted.
The breeding sector also has many difficulties due to the high price of breeders and the constantly rising price of animal feed without sign of stopping.
The production of aquaculture products in May 2022 was up 2.9% compared to the same period last year. (Photo: Internet)
On the contrary, the aquaculture sector is very advantageous. The production of aquaculture products in May 2022 was estimated at 756.9 thousand tonnes, up 2.9% compared to the same period last year. The weather in the month is also favorable.
Besides, the increased price of Tra fish has helped farmers gain a lot. The production of fish in the month was estimated at 134.1 thousand tonnes, up 9.6% compared to the same period last year. Prices of raw shrimp in the month in Mekong Delta provinces are stable compared to the previous month.
White leg shrimp is entering the harvest season. The model of raising white leg shrimp intensively in two stages, and high technology application has brought high economic efficiency. The production of white leg shrimp in May 2022 was about 57.5 thousand tonnes, up 15.9% compared to the same period last year. Meanwhile, the production of prawns reached 22.2 thousand tonnes, down 0.4%.
“Generally, in the first 5 months of 2022, aquatic production was estimated at 3,356.9 thousand tonnes, up 2.3% compared to the same period last year. The reason is the positive results of aquaculture farming, especially key aquatic products such as Tra fish, white shrimps with consecutive high production since March 2022”.
General Statistics Office
The production of farming aquaculture products in the first 5 months of the year was estimated at 1,769.3 thousand tonnes, up 5.5% compared to the same period last year. The production of exploited aquaculture products reached 1,587.6 thousand tonnes, down 1% compared to the same period last year.
Despite an increase in aquaculture and forest products production and an increase in the value of agricultural exports of nearly 17%, the profit of farmers is not increasing proportionately but is showing signs of decline. Even the number of farmers suffering a loss is growing.
Mr. Luong Quoc Doan, Chairman of the Central Association of Vietnamese Farmers, commented: In recent times, the most outstanding problem that agricultural production is facing is the price of agricultural materials and animal feed increased sharply. The prices of most commodities increased highly compared to before Covid-19, causing many farmers to suffer losses. Many farmers had to temporarily suspend cultivation.
“Farmers are the most disadvantaged when the price of inputs increases, specifically the price of fertilizer with 250% up, the price of animal feed also increases. Meanwhile, agricultural output has many difficulties due to the effects of the pandemic,” Mr. Doan emphasized.