(HQ Online) - As of March 15, the agricultural sector had 5 export commodity groups with a turnover of 1 billion USD or more, an increase of 3 groups compared to the same period in 2023.
 |
| Coffee export turnover has the highest growth rate among key agricultural product groups. Photo: Internet. |
Race to prosper
According to the latest preliminary statistics of the General Department of Customs (from the beginning of 2024 to March 15), the 5 billion-dollar export commodity groups of the agricultural sector are: Wood and wood products, coffee, seafood, vegetables, and rice.
Of which, 3 new commodity groups reached a turnover of billions of dollars in the first 2.5 months of the year: coffee, vegetables and rice.
Specifically, coffee exports reached a turnover of 1.574 billion USD, an increase of 61.1% over the same period last year (equivalent to an increase of nearly 600 million USD).
Rice reached 1.06 billion USD, up 53.7% (equivalent to an additional turnover of 370 million USD).
Vegetables and fruits reached 1.03 billion USD, up 40.3% (equivalent to an increase in turnover of nearly 300 million USD).
Notably, not only the 3 new product groups but also the remaining 2 billion-dollar product groups all have high growth.
Wood and wood products continue to be the largest export group of the agricultural sector with a turnover of 2.86 billion USD, an increase of approximately 30% (equivalent to an additional turnover of nearly 660 million USD).
Aquaculture reached 1.546 billion USD, up nearly 10.6% (equivalent to an additional turnover of nearly 150 million USD).
Thus, the additional turnover of these 5 key commodity groups alone has reached more than 2 billion USD.
The fact that all five commodity groups achieved double-digit growth is an extremely optimistic sign, especially in the context that in 2023, many groups experienced a sharp decline in turnover compared to 2022.
The main export markets of the agricultural sector are the United States, China, EU, Japan, ASEAN...
Aiming for many records
The above results are considered record numbers in the first months of the year for exports of these important industries.
With a positive start and forecast of favorable factors of the world and domestic economy, the Ministry of Agriculture and Rural Development recently set a target of 55 billion USD for agricultural, forestry and fishery exports in 2024.
In terms of agricultural products, coffee, vegetables, fruits, and rice are forecast to continue to be key commodity groups with strong growth.
In particular, according to experts' analysis, for the coffee industry, domestic and international prices are at their highest levels ever. Therefore, it is forecasted that in 2024, coffee exports will set a record and earn a turnover of about 5 billion USD.
Similarly, rice is also looking forward to a successful year, with many positive signals coming from important export markets right from the beginning of the year and the expectation that export turnover will reach and exceed 5 billion USD (also the highest turnover ever).
Thus, the agricultural sector alone will have 3 products entering the 5 billion USD export club including vegetables, coffee, and rice.
Maintaining the leading position and high growth, the two key product groups of wood and wood products; seafood also aim for positive results in 2024.
According to Ms. Nguyen Thi Thu Sac, Chairwoman of the Vietnam Association of Seafood Exporters and Producers (VASEP), with the efforts, flexibility and adaptation of seafood enterprises and the support of the Government and ministries and branches, in 2024, seafood exports will be higher than in 2023 and can reach a turnover of up to 9.5 billion USD.
For wood and wood products, this year's turnover is expected to be around 15 billion USD, although not as high as the record of 16 billion USD in 2022, but it is also an optimistic result in the context of a deep decline in 2023. At the same time, this continues to be the only group of tens of billions of dollars in export goods of the agricultural sector.
Source
Comment (0)