Agricultural, forestry and fishery exports in the first quarter increased by over 13%

Asia is the largest export market for Vietnam's agricultural, forestry and fishery products, accounting for 42%. Illustrative photo: Vu Sinh/VNA

Of which, the export value of agricultural products reached 8.53 billion USD, up 12.2%; livestock products 131.3 million USD, up 18.5%; aquatic products 2.29 billion USD, up 18.1%; forestry products 4.21 billion USD, up 11.2%.

By commodity group, forestry products, aquatic products and agricultural products are the three commodity groups with trade surplus.

Specifically, the forestry group is estimated to have a surplus of 3.54 billion USD, up 9.1% over the same period in 2024; the aquatic products group has a surplus of 1.51 billion USD, up 14.1% and the agricultural products group has a surplus of 1.48 billion USD, up 16.9%.

By specific items, the three items with the highest trade surplus include: wood and wood products with a surplus of 3.29 billion USD, up 9.3% over the same period last year; coffee with a surplus of 2.79 billion USD, up 48.3%; shrimp with a surplus of 792.6 million USD, up 36%.

By region, Asia is the largest export market for Vietnam's agricultural, forestry and fishery products with a market share of 42%. The next two largest markets are the Americas and Europe with market shares of 22.5% and 16.6%, respectively. Compared to the same period last year, the estimated export value of Vietnam's agricultural, forestry and fishery products in the first 3 months of 2025 to Asia increased by 2%; the Americas increased by 15.7%; Europe increased by 37.8%; Africa increased by 2.1 times and Oceania increased by 0.8%.

Regarding some major agricultural products, in the first 3 months of 2025, coffee exports reached 509,500 tons with 2.88 billion USD, down 12.9% in volume but up 49.5% in value over the same period in 2024. Coffee export value increased because the average export coffee price in the first 3 months of 2025 was estimated at 5,656 USD/ton, up 71.7% over the same period in 2024. Germany, Italy and Japan are the 3 largest coffee consuming markets of Vietnam.

Rubber is also a commodity with a decrease in export volume (4.4%) but an increase in value (26.1%), reaching 396,100 tons with 765.8 million USD. China is the largest rubber consuming market of Vietnam with a market share of 73.7%. The next two largest markets are India and Indonesia with market shares of 3.8% and 3.2% respectively.

Similarly, cashew nuts also saw a good increase thanks to good export prices. Cashew nut export volume reached 121,400 tons with 841.1 million USD, down 19.3% in volume but up 4.3% in value compared to the same period in 2024. Cashew nut export price reached 6,929.2 USD/ton, up 29.1% compared to the same period in 2024.

Regarding rice, the export volume reached 2.2 million tons with 1.14 billion USD, up 0.6% in volume but down 19.7% in value compared to the same period in 2024. The average export price of rice is estimated at 522.1 USD/ton, down 20.1% compared to the same period in 2024. The Philippines is Vietnam's largest rice consuming market with a market share of 42.1%. Ivory Coast and Ghana are the next two largest markets with market shares of 16.3% and 10.2%, respectively.

The export value of fruits and vegetables in the first quarter of 2025 reached 1.14 billion USD, down 11.3% over the same period in 2024. Vietnam's fruits and vegetables are mainly exported to the Chinese market, accounting for 44.5% of the export value.

For tea, the export value reached 27,300 tons with 44.4 million USD, up 3% in volume and 2.7% in value over the same period in 2024.

According to VNA

Source: https://baodanang.vn/kinhte/202504/xuat-khau-nong-lam-thuy-san-quy-i-tang-tren-13-4003026/