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

Latest News

Nghệ An Province anticipates record FDI amidst economic upswing

Nghệ An Province anticipates record FDI amidst economic upswing

This places the province among the top 10 nationwide in FDI attraction, showcasing its increasing appeal to international investors.
Green farming development needs supportive policies to attract investors

Green farming development needs supportive policies to attract investors

The numbers investing in this sector remains modest, because the supportive mechanisms and policies for the investors are not attractive enough, according to experts.
Vietnamese enterprises adapt to green logistics trend

Vietnamese enterprises adapt to green logistics trend

Principal of the School of Business at the National Economics University, Associate Professor Dr Tạ Văn Lợi, talked to Vietnam News Agency about solutions for domestic enterprises to become more green in terms of logistics.
Paving the way for Vietnamese agricultural products in China

Paving the way for Vietnamese agricultural products in China

VCN - The signing of protocols between the Ministry of Agriculture and Rural Development of Vietnam and the General Administration of Customs of China has created momentum for many domestic agricultural products. In 2025 and the coming years, participating in cross-border e-commerce channels is considered a potential direction for domestic enterprises to directly approach Chinese consumers.

More News

VN seafood export surpass 2024 goal of $10 billion

VN seafood export surpass 2024 goal of $10 billion

Việt Nam’s seafood export in 2024 has surpassed its target of US$10 billion despite many challenges related to the market, logistics and materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Exporters urged to actively prepare for trade defence investigation risks when exporting to the UK

Exporters urged to actively prepare for trade defence investigation risks when exporting to the UK

The UKVFTA and the UK’s official participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) from December 15 are creating significant opportunities for Việt Nam to expand exports to the UK. However, the risk of trade defence investigations is always present.
Electronic imports exceed $100 billion

Electronic imports exceed $100 billion

Computers, electronic products and components are the first import group to exceed the US$100 billion mark this year.
Forestry exports set a record of $17.3 billion

Forestry exports set a record of $17.3 billion

Việt Nam’s forestry export turnover is estimated to reach a record of US$17.3 billion in 2024.
Hanoi: Maximum support for affiliating production and sustainable consumption of agricultural products

Hanoi: Maximum support for affiliating production and sustainable consumption of agricultural products

VCN - Hanoi City aims to have clean agriculture by 2030, from land, water to air, and clean the environment, especially rivers. Hanoi must create a difference for agricultural product brands, products must be certified and must build the brand "made in Hanoi".
Việt Nam boosts supporting industries with development programmes

Việt Nam boosts supporting industries with development programmes

Việt Nam’s supporting industries play a crucial role in the development and competitiveness of key sectors, receiving substantial government investment and support.
VN

VN's wood industry sees chances and challenges from US new trade policies

Việt Nam’s wood industry will need to be flexible due to the anticipated new trade policies of US President-elect Donald Trump in the future, according to experts.
Vietnam

Vietnam's fruit, vegetable exports reach new milestone, topping 7 billion USD

Vietnam’s efforts in expanding export markets for its fruits and vegetables in 2024 has paid off as for the first time, the export of these products has brought home 7.2 billion USD, much higher than the figure of 3.3 billion USD two years ago.
Aquatic exports hit 10 billion USD

Aquatic exports hit 10 billion USD

Vietnam's aquatic exports reached 10 billion USD in 2024, driven by shrimp and pangasius, despite challenges related to markets, logistics, and raw materials, the Vietnam Association of Seafood Exporters and Producers (VASEP) said on December 23.
Read More

Your care

Latest Most read
Nghệ An Province anticipates record FDI amidst economic upswing

Nghệ An Province anticipates record FDI amidst economic upswing

This places the province among the top 10 nationwide in FDI attraction, showcasing its increasing appeal to international investors.
Green farming development needs supportive policies to attract investors

Green farming development needs supportive policies to attract investors

The numbers investing in this sector remains modest, because the supportive mechanisms and policies for the investors are not attractive enough, according to experts.
Vietnamese enterprises adapt to green logistics trend

Vietnamese enterprises adapt to green logistics trend

Principal of the School of Business at the National Economics University, Associate Professor Dr Tạ Văn Lợi, talked to Vietnam News Agency about solutions for domestic enterprises to become more green in terms of logistics.
Paving the way for Vietnamese agricultural products in China

Paving the way for Vietnamese agricultural products in China

VCN - The signing of protocols between the Ministry of Agriculture and Rural Development of Vietnam and the General Administration of Customs of China has created momentum for many domestic agricultural products. In 2025 and the coming years, participatin
VN seafood export surpass 2024 goal of $10 billion

VN seafood export surpass 2024 goal of $10 billion

Việt Nam’s seafood export in 2024 has surpassed its target of US$10 billion despite many challenges related to the market, logistics and materials, according to the Việt Nam Association of Seafood Exporters and Producers (VASEP).
Mobile Version