Many seafood products increased exports again in November 2023
In November 2023, seafood exports increased by 6% compared to November 2022, reaching nearly 840 million USD, of which many items recorded an increase in exports again.
Supply drops sharply, coffee exports soar
A sudden drop in inventory caused coffee export prices to skyrocket in yesterday's trading session.
Vietnam's exports to Türkiye increased sharply to reach 1.52 billion USD
By the end of October, Vietnam's exports to Türkiye reached 1.52 billion USD, up 16% over the same period last year (equivalent to an increase in turnover of more than 200 million USD).
Supply is supplemented with positive signals, export coffee prices turn to decrease
Brazil's 2024/25 Arabica coffee production is forecast to increase from 47.63 million bags to 48.41 million bags, causing a slight decrease in coffee export prices.
EU's "greening" mechanism and Vietnamese enterprises' adaptation
As Vietnam's third largest export market, the EU's application of the carbon border adjustment mechanism (CBAM) will have more or less impact on Vietnamese export enterprises.
What room is there for exporting Vietnamese wood pellets?
The export and domestic market space for wood pellets is huge, however, there are still some factors affecting the sustainable development of the industry.
8.49 billion USD spent on importing iron and steel after the first 10 months of 2023
In the first 10 months of 2023, the country imported nearly 10.61 million tons of iron and steel, worth over 8.49 billion USD, up 8.6% in volume, but down 17.6% in turnover.
By the first half of November, the total import-export turnover of goods reached 587.68 billion USD.
According to the General Statistics Office, from the beginning of the year to November 15, 2023, the total preliminary import-export turnover of goods reached 587.68 billion USD; trade surplus was 24.44 billion USD.
Arabica prices increase sharply, Vietnam's coffee exports expected to increase at the end of the year
Coffee exports are expected to increase due to scarce supply while demand increases at the end of the year.
8 traders were assigned to import 107 thousand tons of sugar.
The 2023 sugar import tariff quota allocation session by auction was successful with 107,000 tons of sugar allocated to 8 traders.
FDI enterprises account for nearly 50% of wood industry export turnover.
FDI enterprises account for 48% to 50% of total export turnover of the wood processing and export industry.
In October 2023, Vietnam was the only market with increased volume and value of seafood exports to Korea.
In October 2023, among the three largest seafood suppliers to Korea, Vietnam was the only market with increased volume and value.
Policy changes from Vietnam's main wood import markets
Vietnam's wood and wood product import markets continuously issue new policy regulations, causing difficulties for export enterprises.
Shortage of supply, coffee exports continue to have the opportunity to increase
In the first 11 months of this year, according to statistics from the Customs sector, Vietnamese coffee exports reached 1.36 million tons, worth an estimated 3.5 billion USD, up 3.4% over the same period last year.
Export week 11/20-11/26: Shrimp export to the US is positive, pangasius export will grow strongly
Exports week 11/20-11/26: Pangasius exports will grow strongly, shrimp exports to the US are positive are the highlights in the export news week 11/20-11/26.
Deepening Vietnam - Japan trade relations
After 50 years of establishing diplomatic relations, Japan has been Vietnam's leading economic and trade partner for many years.
Average coffee export price in October 2023 to the US market reached a record high
In October 2023, the average export price of Vietnamese coffee to the US market reached a record high of 3,586 USD/ton.
Increase the proportion of processed rubber to boost exports to China
To boost rubber exports to China, businesses need to proactively increase the proportion of processed rubber rather than raw rubber to increase export value.
China accounts for 99% of Vietnam's lobster export market.
In Vietnam's lobster export markets, China accounts for 98 - 99%, other markets account for only 1 - 2%.
Tuna exports expected to recover in the last months of the year
For the first time since the beginning of 2023, Vietnam's tuna export value returned to a level nearly equal to the same period last year.
Source link
Comment (0)