HCMC – Vietnam’s exports of agricultural, forestry, and fishery products brought in nearly US$40 billion in the first seven months of this year, buoyed by strong growth in coffee shipments, according to data from the Ministry of Agriculture and Environment.
In July alone, Vietnam’s agricultural, forestry, and fishery exports totaled US$6.01 billion, up 13.4% from the same month last year. Cumulative export revenue in the January–July period reached US$39.68 billion, while the sector posted a trade surplus of US$11.52 billion, up 14% year-on-year, reported the Vietnam News Agency (VNA).
Of the total, agricultural exports led the sector with US$21.49 billion in value, followed by forestry products, seafood, and livestock items.
Asia remained Vietnam’s largest export market, accounting for 42.6% of the country’s total export revenue. The Americas and Europe followed with respective shares of 23.3% and 15.1%. The U.S. was the top single-country buyer, making up 21% of total exports, followed by China (18.4%) and Japan (7.2%).
In the first seven months, several key agricultural products saw strong growth despite global market challenges. Coffee topped the list of high-performing commodities, generating US$6 billion in export revenue, up 65.1% year-on-year. The country exported 1.1 million tons of coffee during the period, with the average export price rising over 53%.
Rubber exports reached 894,000 tons worth a total of US$1.61 billion, a 16.3% increase in value. China accounted for more than 69% of Vietnam’s rubber exports.
Cashew nut exports totaled over 409,000 tons, valued at US$2.79 billion, up 17.4% despite a decline in volume. Pepper exports exceeded 145,000 tons, bringing in nearly US$1 billion, up nearly 30% in value.
In contrast, rice exports dropped 15.9% in value, reaching US$2.81 billion, despite a high export volume of 5.5 million tons, due to falling prices.
Fruit and vegetable exports approached US$4 billion. China remained the largest importer, although shipments to this market declined in value. Meanwhile, exports to the U.S. surged over 65%.
Six export categories in the sector posted trade surpluses of over US$1 billion each: wood and wood products, coffee, fruits and vegetables, shrimp, rice, and tra fish. However, five product groups reported significant trade deficits, including animal feed and raw materials, cotton, crop-based products, corn, and meat and animal by-products.
