Russia is not a major export market for many Vietnamese agricultural products. However, according to preliminary statistics from the General Department of Customs, in the first 5 months of this year, agricultural products exported to the Russian market increased sharply.

By the end of May 2024, agricultural export turnover to Russia reached 331.3 million USD, an increase of 49.7% over the same period last year.

Of which, coffee is the item with the largest export turnover to the Russian market, reaching 161.6 million USD, up 39% over the same period in 2023. Next is seafood reaching 76.4 million USD, up 87.7%; cashew nuts reaching 28 million USD, up 81.8%; vegetables and fruits reaching 26.8 million USD, up 25.2%.

In addition, rubber exports to this market increased by 23.8%, wood and wood products increased by 47.6%, rice exports doubled, and pepper increased sharply by 96.9%.

Compared to the same period last year, only tea products recorded negative growth of 12%.

According to the Vietnam Association of Seafood Exporters and Producers, transporting goods from Vietnam to Russia has become more convenient. Russian shipping corporations have opened a direct shipping route from Ho Chi Minh City - Hai Phong - Vladivostok (Russia); some other shipping lines have operated new routes, helping to transport goods faster and with shorter shipping times.

In addition, the railway transport system supports delivery to Russia, so freight transport becomes more diverse.

Tariff incentives after our country signed the Vietnam - Eurasian Economic Union Free Trade Agreement in 2015 also helped Vietnamese agricultural products increase their competitiveness in this market, including Russia.

Source: https://vietnamnet.vn/nga-bat-ngo-tang-mua-nhieu-loai-nong-san-viet-2292428.html