Agricultural exports to the United States remain stable

Despite the risk of trade confrontation between countries around the world, Vietnamese agricultural exports to the United States remain stable.

This was affirmed by Deputy Minister of Agriculture and Rural Development Phung Duc Tien in a press conference on the development of the industry in January 2025 as well as answering some related questions on the morning of February 6.

Agricultural, forestry and fishery exports slightly decreased in the first month of 2025

According to the report of the Ministry of Agriculture and Rural Development, the estimated export value of agricultural, forestry and fishery products in January 2025 reached 5.08 billion USD, down 4.9% over the same period in 2024.

Estimated rice export volume and value in January 2025 reached 500 thousand tons and 308 million USD

Regarding the market, it is estimated that in January 2025, the export value of Vietnam's agricultural, forestry and fishery products to the Americas, Asia, and Europe will decrease. Of which, the export value to the Americas will reach 1.21 billion USD, down 3.5% compared to the same period in 2024; Asia will reach 2.43 billion USD, down 1.8%; and Europe will reach 577 million USD, down 16.2%. Meanwhile, exports to Africa will increase by 31.3%, and to Oceania by 0.2%.

Regarding the export of some main products, in January 2025, the estimated rubber export volume reached 180 thousand tons with an export value of 341 million USD, down 14.5% in volume but up 14.6% in value compared to the same period in 2024. The average export price of rubber in January 2025 is estimated at 1,892 USD/ton, up 34% compared to the same period in 2024.

Estimated tea export volume and value in January 2025 reached 10 thousand tons and 16 million USD, down 19.1% in volume and 21.4% in value compared to the same period in 2024. The average tea export price in January 2025 is estimated at 1,644 USD/ton, down 2.8% compared to the same period in 2024.

In January 2025, coffee exports are estimated to reach 140 thousand tons with a value of 763 million USD, down 41.1% in volume but up 5% in value compared to the same period in 2024. The average export price of coffee in January 2025 is estimated to reach 5,450 USD/ton, up 78.5% over the same period in 2024.

Estimated rice export volume and value in January 2025 reached 500 thousand tons and 308 million USD, up 1% in volume but down 10.4% in value compared to the same period in 2024. In January 2025, the export value of fruits and vegetables is estimated at 400 million USD, down 18.1% compared to the same period in 2024.

Estimated cashew nut export volume in January 2025 reached 45 thousand tons, value reached 300 million USD, down 30.8% in volume and 14.4% in value compared to the same period in 2024. The average export price of cashew nuts in January 2025 is estimated at 6,673 USD/ton, up 23.7% compared to the same period in 2024.

Estimated pepper export volume and value in January 2025 reached 13 thousand tons and 87 million USD, down 25.6% in volume but up 23.8% in value over the same period in 2024. The average pepper export price in January 2025 is estimated at 6,663 USD/ton, up 66.4% over the same period in 2024.

Estimated export volume and value of cassava and cassava products in January 2025 reached 290 thousand tons and 106 million USD, down 31% in volume and 45.2% in value compared to the same period in 2024. The average export price of cassava and cassava products in January 2025 is estimated at 367 USD/ton, down 20.6% compared to the same period in 2024.

In January 2025, the export value of livestock products is estimated at 39 million USD, down 9.3% over the same period in 2024. The estimated export value of aquatic products in January 2025 is 750 million USD, up 0.3% over the same period in 2024. The estimated export value of wood and wood products in January 2025 is 1.4 billion USD, down 5% over the same period in 2024.

Vietnamese agricultural exports to the United States remain stable

Answering the question of why export value decreased in the first month of 2025, Mr. Phung Duc Tien - Deputy Minister of Agriculture and Rural Development - said that firstly, purchasing power decreased, secondly, prices decreased even though output increased.

The target of 64-65 billion USD in agricultural, forestry and fishery export turnover this year will face difficulties and challenges right from the first month of the year. "Although it is only one month, we need a system of solutions to maintain growth momentum and reach the target of 2025," Deputy Minister Phung Duc Tien affirmed.

Deputy Minister of Agriculture and Rural Development Phung Duc Tien. Photo: Tung Dinh

Some of the solutions he proposed were to focus on potential markets such as the United States, China, Japan, Korea, Europe, the Philippines, etc., as well as open up new markets.

Faced with the risk of trade confrontation between countries around the world, Deputy Minister Phung Duc Tien affirmed that Vietnamese agricultural products exported to the US market are still stable, including some typical products such as tra fish and shrimp.

Therefore, the agricultural sector will continue to hold conferences to discuss and propose solutions to promote better output, quality and export value in 2025.

At the same time, continue to grasp information, trends, and needs of potential markets as a basis for analysis, promoting trade, and organizing production in accordance with market needs.

Besides maintaining and expanding the market, Deputy Minister Phung Duc Tien also emphasized the role of organizing good production, ensuring traceability, digital transformation, following a green economy, and reducing emissions.

Regularly and continuously check durian gardens

Regarding the issue of durian exported to the Chinese market having to be tested for yellow O, Mr. Phung Duc Tien said that currently, the durian growing area in Vietnam is about 169,000 hectares (more than double the planning orientation until 2030 - about 65,000-75,000 hectares), the rate of durian harvested is relatively high. During the export process, most of the gardeners, packaging facilities, and shipments of Vietnamese durian are confirmed to be very good and of high quality.

China spends 2.94 billion USD to buy Vietnamese durian (Illustration photo)

It must also be seen that in the initial export process, there will be certain deviations in some establishments, businesses, growing areas and packaging facilities, but the Ministry has directed the Plant Protection Department together with localities to seriously review and rectify in order to have both a large scale, high product ratio and guaranteed prices.

Regarding the inspection of O gold quality, Mr. Tien emphasized that China has set criteria from the growing area code, packaging facilities, and quality inspection. Therefore, we must meet the requirements of the import market.

The inspection of O gold quality will be reviewed and strengthened to minimize the number of substandard durian shipments, so that the rate of goods, output and value is greater.

Regarding the inspection and examination of the use of yellow O, Mr. Phung Duc Tien said that the Ministry has directed regularly and continuously when there are problems with shipments.

Along with that, the Plant Protection Department also affirmed that it will take serious measures to rectify and minimize violations by businesses. This is one of the important solutions for us to maintain durian exports.

In addition, to prepare for the upcoming inspection by the European Commission (EC) on the IUU issue, Deputy Minister Phung Duc Tien said that the Ministry of Agriculture and Rural Development will organize 4 conferences in all 3 regions and nationwide before the EC comes to Vietnam.

With such continuous moves, the Deputy Minister believes that Vietnam will ensure the EC's requirements and show our determination and resoluteness in the effort to remove the "IUU yellow card".

On the other hand, in January 2025, the total import value of agricultural, forestry and fishery products is estimated to reach 3.9 billion USD, an increase of 11.9% over the same period in 2024. Thus, the whole industry will have a trade surplus of 1.1 billion USD.

Source: https://congthuong.vn/nong-san-xuat-khau-sang-hoa-ky-van-duy-tri-on-dinh-372542.html