Agricultural exports only increase by $US 200 million in 5 years

 VCN - From the export figures of about $US 14.9 billion in 2012, the value of agricultural exports plunged again and slightly up only about $US 15.1 billion in 2016 and up $US 200 million compared to 5 years ago.
agricultural exports only increase by us 200 million in 5 years
The chart of agricultural export turnover in 2012-2016. Chart: T.B

This is remarkable information about the agricultural export activity in the recent 5 years (2012-2016), which has just been announced by the General Department of Vietnam Customs.

Accordingly, the figures of agricultural export, which are collected from export value of 9 key commodities including: fruits, vegetables, cashew nuts, coffee, tea, pepper, rice, and rubber, cassava and cassava products.

In the past 5 years, while the total of exports turnover still reached a relatively high growth (average 12.8% per year), the exports of agricultural products were difficult, the average increased by only 2.4% per year. This makes the proportion of agricultural exports decreased from 13% in 2012 to nearly 8.6% in 2016 of the total of the country’s export turnover.

Particularly, in the past 5 years, agricultural exports constantly fluctuate and are unstable. Specifically, agricultural exports reached $US 14.9 billion in 2012, and reduced to $US13.1 billion in 2013, and increased to $US 14.3 billion in 2014, and fell again to $US 14 billion in 2015 and rose to $US 15.1 billion in 2016.

In the large agricultural export groups, fruits and vegetables are commodity groups which are in good and stable growth. Compared to 2012, the export turnover of this group had a triple increase, reaching $US 2.46 billion and was the commodity which has the third largest turnover among export of agricultural products of Vietnam in 2016.

agricultural exports only increase by us 200 million in 5 years Vietnam suffers as China sets trade barriers on farm produce

Since Vietnam heavily relies on China, a major import/export market, it has encountered difficulties as China has ...

Besides, export of pepper and cashew nuts also reached a relatively high growth with the average growth of over 14% per year in the period 2012-2016.

The remaining commodity groups were low, even less than the turnover achieved in 2012, such as coffee, tea, rice, cassava and rubber. In particular, coffee was the agricultural commodity group with the highest export turnover in 2016, but in 2012-2016, this was the commodity which have most fluctuations due to the instability of the output, value and average unit price in each year.

By Thai Binh/Hoang Loan

Related News

Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first half of November, 2024

The Vietnam Customs Statistics announced that in the first half (01-15/11/2024) of November-2024, Vietnam’s total exports of US dollars 16.73 billion and imports of US dollars 16.7 billion resulted in a trade surplus of nearly US dollars 31 million. Accordingly, the total value of export and import turnover of Vietnam in the first half of November was US dollars 33.44 billion, down by 9.7% as compared to the second half of October-2024.
Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2024

Preliminary assessment of Vietnam international merchandise trade performance in the first 10 months of 2024

1. According to trade statistics of Vietnam Customs, in October of 2024, a 5.2% upwards in total external merchandise turnover of Vietnam was recorded as compared to the result of September 2024. Exports went up 4.6 %, to USD 35.64 billion and imports increased 5.8%, to USD 33.60 billion in terms of month-on-month basis. As a result, there was a USD 2.03 billion surplus in Vietnam’s trade balance in this month.

Latest News

MoIT sets export growth at 6% in 2025

MoIT sets export growth at 6% in 2025

The recovery of major markets such as the US and EU will be an important driving force for exports, especially in electronics, consumer goods and textiles, the MoIT said.
Vietnam's first logistics park opens in Lang Son

Vietnam's first logistics park opens in Lang Son

The Viettel Lang Son Logistics Park, the first of its kind in Vietnam, officially opened in Cao Loc district, the northern mountainous province of Lang Son, on December 11.
Vietnam’s coffee exports possibly top 5 billion USD for first time

Vietnam’s coffee exports possibly top 5 billion USD for first time

Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
Support aggregate demand to promote economic growth

Support aggregate demand to promote economic growth

VCN - Financial policy, especially fiscal policy, has played an important role in promoting aggregate demand to contribute to economic development. In the current context, when the economy is entering the final year of the 2021-2025 terms with many difficulties and challenges, it is necessary to have solutions to promote production and business, supporting economic development.

More News

Plastics demand growing, says industry association

Plastics demand growing, says industry association

The plastics industry has enjoyed impressive growth this year, driven by steady demand from the construction, packaging and consumer industries, according to the Vietnam Plastics Association.
Vietnam’s tuna exports gain larger market shares in key markets

Vietnam’s tuna exports gain larger market shares in key markets

After overcoming challenges related to tuna size regulations and market volatility, Vietnam’s tuna exports are recovering and expanding in key markets.
Efficiency in emission reduction and sustainable development for wood enterprises

Efficiency in emission reduction and sustainable development for wood enterprises

VCN - Digital transformation aimed at reducing emissions and fostering sustainable development has become an intrinsic need for businesses. This shift stems from recognizing the tangible benefits demonstrated by pioneering enterprises that have successfully implemented and achieved these initiatives.
US emerges as biggest consumer of Vietnam’s pepper

US emerges as biggest consumer of Vietnam’s pepper

Vietnam exported 235,335 tonnes of pepper, including 207,498 tonnes of black pepper and 27,837 tonnes of white pepper, in January - November to earn 1.22 billion USD, with the US being the biggest importer, according to the Vietnam Pepper and Spice Association (VPSA).
Why are seafood exports to some Middle Eastern countries blocked?

Why are seafood exports to some Middle Eastern countries blocked?

VCN - Many seafood export shipments to some Middle Eastern countries have had their documents returned by the Consular Department due to the nightmare of consular legalization procedures, leading to a blockage in exports to these markets.
Seafood exports increase competitiveness through quality

Seafood exports increase competitiveness through quality

VCN - The "wave" of orders from a number of large markets and increased consumption demand in the coming months will be the driving force to accelerate seafood exports at the end of the year. Not only racing to increase exports, Vietnamese seafood also increases its competitive advantage by focusing on product quality, seed sources, green transformation in the production process...
Textiles, footwear enterprises need support to green the supply chain

Textiles, footwear enterprises need support to green the supply chain

VCN- As one of the world's leading textile, garment and footwear exporting countries, Vietnam is facing many opportunities as well as challenges in response to strict customer regulations in "greening" production, including a number of commitments such as implementing social and environmental responsibilities and reducing emissions...
Vietnam’s seafood export hits 1 billion USD mark for October

Vietnam’s seafood export hits 1 billion USD mark for October

Vietnam's seafood industry is on a roll, with export momentum propelling it toward the 10 billion USD target for 2024, laying robust groundwork for 2025.
Opportunities for export breakthroughs through e-commerce

Opportunities for export breakthroughs through e-commerce

VCN - According to Mr. Nguyen Van Thanh (in photo), Director of the E-commerce Development Center - Department of E-commerce and Digital Economy (Ministry of Industry and Trade), developing national e-commerce programs and fostering international cooperation are key to effectively harnessing Vietnam's potential in this area, thereby enhancing competitiveness and promoting sustainable development in the global market.
Read More

Your care

Latest Most read
MoIT sets export growth at 6% in 2025

MoIT sets export growth at 6% in 2025

The recovery of major markets such as the US and EU will be an important driving force for exports, especially in electronics, consumer goods and textiles, the MoIT said.
Vietnam's first logistics park opens in Lang Son

Vietnam's first logistics park opens in Lang Son

The Viettel Lang Son Logistics Park, the first of its kind in Vietnam, officially opened in Cao Loc district, the northern mountainous province of Lang Son, on December 11.
Vietnam’s coffee exports possibly top 5 billion USD for first time

Vietnam’s coffee exports possibly top 5 billion USD for first time

Coffee prices have increased by over 50% on average this year, enabling the export revenue to potentially surpass 5 billion USD for the first time.
Support aggregate demand to promote economic growth

Support aggregate demand to promote economic growth

VCN - In recent times, the world situation has been unstable, creating many difficulties and challenges for the sustainable growth of the global economy.
Plastics demand growing, says industry association

Plastics demand growing, says industry association

The plastics industry has enjoyed impressive growth this year, driven by steady demand from the construction, packaging and consumer industries, according to the Vietnam Plastics Association.
Mobile Version