Where are Vietnam’s agricultural products and major commodities exported?

VCN- China and the EU (28 countries) are Vietnam's largest agricultural export markets.  
where are vietnams agricultural products and major commodities exported The Ministry of Industry and Trade proposes solutions for difficulties in exporting agricultural products
where are vietnams agricultural products and major commodities exported Lao Cai International Border Gate Customs: Agricultural products flourish
where are vietnams agricultural products and major commodities exported Fruits and vegetables export sharply declines
where are vietnams agricultural products and major commodities exported
Proportion of five commodity groups with “tens of billions of US dollars”export turnover of total export turnover of the whole country until the end of September. Chart: T.B

Export turnover of agriculture products decreased

According to the General Department of Vietnam Customs, by the end of September, the total export turnover of agricultural products (including vegetables, cashews, pepper, tea, coffee, rice, cassava and cassava products and rubber)reached US$12.54 billion, down 7.9% compared to 2018, equivalent to US$1.07 billion.

China is still the largest export market of Vietnam's agricultural products with a turnover of US$4.25 billion. However, this is also the marketwith the strongest decline in export turnover of up to 10.6 percent compared to 2018.

The export turnover of other markets such as the EU, the US and ASEAN has declined.

Specifically, the export turnover of the EU market reached US$1.9 billion, down 8.1 percent; ASEAN market reached US$1.65 billion, down 1.5 percent; the US market reached US$1.23 billion, down 18.2 percent.

Regarding the agriculture sector, the export of fishery products also faced difficulties in the first months of this year.

Until the end of September, the total export turnover of this commodity reached only US$ 6.22 billion, down 2.1% compared to 2018.

The export turnover to the US market reached US$1.08 billion, down 5.3 percent; Japan reached US$1.07 billion, up 7.8 percent; EU reached US$982 million, down 11.7 percent; China reached US$832 million, up 14.2 percent.

The export turnover of Vietnam’s other export groups also in negative growtharecameras, camcorders and components.

By the end of September, the export value of cameras, camcorders and accessories reached US$2.96 billion, down 15.3% compared to 2018 .

The export value of major markets includeChina with US$1.29 billion, down 28.4 percent; India with US$458 million, an increase of 125.7 percent; Hong Kong with US$380 million, down 55.5 percent.

Meanwhile, the volume of iron and steel products increased but the price decreased. Specifically, the country exported 4.86 million tons, valued at US$3.16 billion, up 6 percent in volume but down 6.5 percent in value compared to 2018.

Notably, Cambodia is the largest export market of iron and steel with 1.3 million tons, up 33.5 percent. In addition, other important markets are Indonesia, Malaysia and the US.

Export turnover of phones and computers increased

The General Department of Vietnam Customs statistics show that the export turnover of the leading export commodities has seen significant growth to increase export turnover of the country by 8.4 percent, equivalent to more than US$15 billion compared to 2018.

Phones and accessories are the largest export commodities with a value of US$38.81 billion, up 5.7 percent compared to 2018.

Exports to the US and Korea increasedsharply, especially the US. The export to the US in the first nine months of the year reached US$7.01 billion, up 68.9 percent; to the Korean market reached US$3.99 billion, up 18.7 percent.

The export turnover of phones and accessories to the EU and China declined. In particular, the EU decreased by 6.6percent, reaching only US$9.46 billion; China market reached US$4.67 billion, down 19.2 percent.

The export turnover of computers, electronic products and components surpassed textiles to stabilize in second position. By the end of September, the total export turnover of computers, electronic products and components reached US$25.61 billion, up 17.7 percentcompared to 2018. Major export markets of this commodity group are China, the US, Korea and the EU. The export turnover of the USis highest with a turnover of 94.1 percent, reaching US$4.02 billion.

Export turnover of textile and garment products reached US$24.61 billion, up 9.6 percent compared to 2018. This is the 3rd largest export commodity group. The US continues to be the largest export market of textile and garment with a value ofUS$11.21 billion, up 8.7 percent compared to 2018, accounting for 45.5 percent of total textile and garment export turnover of the country.

By the end of September, there were twoexport commodity groups with ten billion USD of turnover –footwear and machinery; equipment, tools and spare parts.

In particular, export turnover of footwear reached US$13.25 billion, up 12.9 percent. The EU and the US continue to be the two major export markets with turnover and growth rates of US$3.64 billion (up 7.8 percent) and US$4.87 billion (up 14.1 percent), respectively. The value of footwear exports to these two markets accounted for 64.2 percent of the country's total footwear export turnover.

Machinery, equipment, tools and spare parts reached US$13.01 billion, up 8.4 percent to markets such as the US, the EU, Japan, and Korea.

By Thai Binh/Ngoc 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