In February 2025, agricultural, forestry and fishery exports are estimated to reach 4.4 billion USD. In the first two months of the year, the total export value reached over 9.3 billion USD, an increase of 8.3% over the same period in 2024. Of which, the US is leading with 22% market share, followed by China with 17.8% and Japan with 7.7% market share.
Agricultural, forestry and fishery exports over 9.3 billion USD
The Ministry of Agriculture and Environment said that the export turnover of agricultural, forestry and fishery products (AFF) in February 2025 is estimated at 4.4 billion USD, an increase of 37.2% compared to February 2024.
In the first two months of 2025, the total export value of agricultural and forestry products reached over 9.3 billion USD, an increase of 8.3% over the same period in 2024. Accordingly, most key products recorded growth, including seafood, coffee, rice, wood and wood products, rubber, pepper, etc.
For example, coffee exports in February 2025 are estimated at 150 thousand tons with a value of 854.2 million USD, bringing the total volume and value of coffee exports in the first two months of 2025 to 284 thousand tons and 1.58 billion USD, down 28.4% in volume but up 26.2% in value over the same period in 2024.
The average export price of coffee in the first two months of 2025 is estimated at 5,574.5 USD/ton, up 76.3% over the same period in 2024. Germany, Italy and Japan are the three largest coffee consuming markets of Vietnam, accounting for market shares of 16.6%, 9.4% and 8.2% respectively. Compared to the same period last year, the value of coffee exports in January 2025 to the German market increased by 53%, to the Italian market by 5.6%, and to the Japanese market by 10.4%.
The average export price of rubber in the first two months of 2025 is estimated at 1,899 USD/ton, up 32.6% over the same period in 2024. China is Vietnam's largest rubber consumer market with a market share of 78.1%. The next two largest markets are Malaysia and Indonesia with market shares of 3.4% and 2.7%, respectively. Compared to the same period last year, the export value of rubber in January 2025 to the Chinese market increased by 0.1%, to the Malaysian market by 9.4 times, and to the Indonesian market by 2.5 times.
Coffee exports in February 2025 are estimated at 150 thousand tons with a value of 854.2 million USD, bringing the total volume and value of coffee exports in the first two months of 2025 to 284 thousand tons and 1.58 billion USD.
Pepper export volume in February 2025 is estimated at 15,000 tons with a value of 101.2 million USD, bringing the total pepper export volume and value in the first 2 months of 2025 to 28,000 tons and 188.7 million USD, down 9.4% in volume but up 51.9% in value over the same period in 2024.
The export value of aquatic products in February 2025 is estimated at 650 million USD, bringing the total export value of aquatic products in the first two months of 2025 to 1.42 billion USD, an increase of 18.6% over the same period in 2024.
The export value of wood and wood products in February 2025 is estimated at 1.1 billion USD, bringing the total export value of wood and wood products in the first two months of 2025 to 2.52 billion USD, an increase of 12.4% over the same period in 2024.
Meanwhile, rice and vegetables, two items with good growth in 2024, decreased by 13.6% and 11% respectively, while cashew nuts decreased in both volume and value.
In terms of region, Asia remains Vietnam's largest export market, accounting for 42.2% of total turnover, followed by the Americas with 24.2% and Europe with 15.5%. Compared to the same period last year, exports to the Americas increased by 19.8%, to Europe by 22.3%, to Africa by 2.2 times, while exports to Asia decreased slightly by 1.6%.
By specific market, the US accounted for 22%, China 17.8%, Japan 7.7%. Exports to the US and Japan increased by 18.9% and 19.1% respectively, while the Chinese market decreased by 4.3%.
Agricultural and forestry exports can strive to reach 70 billion USD
Responding to the press about Vietnam's agricultural and forestry export results in February and the first two months of 2025, Deputy Minister of Agriculture and Environment Phung Duc Tien assessed that in the context of global fluctuations, Vietnam's agricultural and forestry export turnover still maintained positive growth.
However, Mr. Tien also commented that the agricultural sector is facing many challenges, especially the impact of international trade policies and geopolitical fluctuations.
"The Government Standing Committee meeting in January 2025 identified the risk of a trade war, especially after the first two months of US President Donald Trump's term. US trade protection policies and tensions between Ukraine - Europe - the US all affect global trade, including Vietnam. However, our agricultural exports still have advantages, especially when Vietnam is having a large trade surplus with the US," said Deputy Minister Tien.
According to Deputy Minister of Agriculture and Environment Phung Duc Tien, to achieve agricultural growth of 4% in 2025, key sectors such as cultivation, livestock, aquaculture, and forestry need to be restructured reasonably. In particular, applying science and technology and promoting deep processing will be two key factors. Photo: Minh Ngoc
With the goal of agricultural exports reaching 64 - 65 billion USD in 2025, and possibly even striving for 70 billion USD, Deputy Minister Tien said that the agricultural sector needs strategic solutions to adapt to the new situation.
According to Mr. Tien, the agricultural sector needs to assess and propose timely solutions to maintain growth momentum. "The export price of rice in 2024 reached 623 USD/ton, and in early 2025 it decreased to 553 USD/ton but is showing signs of recovery in March. This year's export target can still exceed 9 million tons," he said.
Deputy Minister Phung Duc Tien affirmed that the new changes in the first days of 2025 are seen by the agricultural sector as new driving forces for transformation and accelerated development based on the production ecosystem and agricultural economic ideology that have been formed in recent times.
To achieve agricultural growth of 4% by 2025, key sectors such as crop cultivation, livestock farming, aquaculture and forestry need to be restructured appropriately. In particular, the application of science and technology and the promotion of deep processing will be two key factors.
In addition, deep processing is a strategic direction. "We need to gradually reduce the proportion of raw exports, increase refined products, and increase added value. Production area may not change, but productivity, quality, and deep processing will determine economic efficiency. This is an important space for Vietnam's agricultural sector to go further in 2025 and the following years," the Deputy Minister commented.
With appropriate strategies, Vietnam's agricultural sector can completely overcome challenges, maintain export targets and develop sustainably in the context of a volatile world economy.
Source: https://danviet.vn/xuat-khau-nong-lam-thuy-san-93-ty-usd-viet-nam-dang-xuat-sieu-sang-my-bat-chap-nguy-co-chien-tranh-thuong-mai-20250303194600389.htm
Comment (0)