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    Home > Food News > Food Articles > The growth rate of Vietnam's agricultural exports rebounded significantly

    The growth rate of Vietnam's agricultural exports rebounded significantly

    • Last Update: 2021-07-31
    • Source: Internet
    • Author: User
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    Vietnam's "Vietnam+" reported on July 7 that according to information from industry associations such as agriculture, forestry and fisheries , timber and other industries, many countries around the world have gradually created huge demand for epidemic control, helping companies engaged in the above industries to achieve stronger growth in the export market
    .
    Since April 2021, the export value of Vietnamese goods to various markets has rebounded sharply, especially to the US and EU markets
    .
     
    According to data from the Ministry of Industry and Trade, Vietnam's merchandise exports to markets such as the European Union and the United States have seen positive growth in recent months
    .
    Specifically, in the first four months of 2021, Vietnam’s total exports of goods to the EU reached US$12.
    55 billion, a year-on-year increase of 18.
    1%
    .

     
    Regarding aquatic products, the Vietnam Aquatic Products Processing and Exporting Association (VASEP) stated that in the first five months of 2021, Vietnam’s shrimp exports to the United States amounted to approximately US$270 million, a year-on-year increase of 21%
    .
    The export of Chayu also showed a recovery momentum.
    In April and May of 2021, it increased by 136% and 200% respectively, and the export value reached 33 million US dollars.
    The export value of Chayu in the first five months of 2021 reached 135 million US dollars, a year-on-year increase of 57.
    %
    .
    With the exception of the United States, Vietnam’s exports of aquatic products to the European Union continued to increase by 30% in May after reaching 97 million U.
    S.
    dollars in April, a 36% increase, reaching nearly 95 million U.
    S.
    dollars
    .
    In the first five months of this year, the cumulative export value of aquatic products to the EU exceeded US$380 million, a year-on-year increase of 15%
    .
     
      The representative of the Vietnam Aquatic Products Processing and Export Association analyzed that the reason for the rebound in exports to these markets was the rapid and extensive launch of new crown vaccination activities and timely economic stimulus plans, which provided these countries not only in the retail market segmentation, but also in services, restaurants, The strong recovery in the sales demand of aquatic products in hotels, entertainment and other channels has injected momentum
    .
    In addition, after a period of containment due to the prevention and control of the new crown pneumonia epidemic, consumers not only have a sharp increase in demand for consumption hobbies and habits such as shrimp, tuna, and salmon, but also demand for other aquatic products such as fish, cuttlefish, and crabs.
    Will soar
    .

     
      The timber industry is also showing a similar trend.
    According to data from the General Administration of Customs, in the first five months of 2021, the export value of such commodities reached US$6.
    63 billion, a significant increase of 62% over the same period in 2020.
    Among them, the export value of wood products reached US$5.
    13 billion.
    , Accounting for 77.
    4% of the total exports of such commodities, a year-on-year increase of 80.
    4%
    .
    It is worth noting that Vietnam's timber and wood products are mainly exported to the US market, accounting for 60.
    6% of the total export of such commodities, and the export value was 4.
    02 billion US dollars, an increase of 99.
    4% year-on-year
    .

     
      At the same time, regarding agricultural products , Deng Fuyuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that since April 2021, the export volume of many enterprises has increased significantly
    .
    This is a good sign, because market demand is picking up again
    .
    We understand the situation of many companies, and they are all optimistic about orders in the coming months
    .
    As a result, companies are prepared for raw material supply sources and production plans to meet the order requirements signed with importers
    .
     
      Experts believe that although market demand is sending more optimistic signals, Vietnamese companies must pay attention to some changes in consumption trends
    .
    Specifically, after suffering the "shock" of the new crown pneumonia epidemic, consumers in the European Union and the United States are increasingly concerned about environmental protection, product traceability, and factors related to child labor
    .
    Therefore, consumers will give priority to products that are produced in an environmentally friendly way, use green energy, and ensure employee welfare
    .
     
      Regarding agricultural products, Mr.
    Deng Fuyuan said that since the outbreak of the epidemic, fruit consumption trends in many markets have undergone great changes
    .
    Accordingly, consumers no longer buy in bulk, but purchase products in small packages
    .
    Therefore, in order to adapt to the new changes, Vietnamese companies have adopted the following measures: instead of exporting whole fruits, they are divided into small packages to facilitate the use or processing of frozen agricultural products instead of fresh agricultural products to extend their storage time
    .
    Many agricultural products companies have planned to invest in the construction of deep processing plants in the next period of time to usher in the ever-increasing market opportunities.
    At the same time, this is also the direction to adapt to the "post-new crown pneumonia epidemic" period
    .
     
      For the aquaculture industry, large leading companies such as Mingfu, Shunfu, and Yueao have accelerated their investment in the construction of aquatic product processing plants, while focusing on the raw material areas that meet the standards to improve the quality of aquatic products
    .
     
      Ruan Gongjin, deputy technical director of Yue-Ao Group, said that the group pays attention to investing in technology and constantly updates and researches breeding technology solutions
    .
    Its purpose is not only to improve the quality of shrimp larvae from generation to generation, but also to bring appropriate technical solutions and breeding models to farmers, and jointly improve the status of Vietnamese shrimp in the world market
    .

     
      In addition to the efforts of various enterprises and enterprise associations, the Ministry of Industry and Trade has also taken a number of measures recently to provide the best conditions for enterprises to obtain certificates of origin
    .
    Fisheries epidemic exports United States European Union
     
      According to data from the Ministry of Industry and Trade, Vietnam's merchandise exports to markets such as the European Union and the United States have seen positive growth in recent months
    .
    Specifically, in the first four months of 2021, Vietnam’s total exports of goods to the EU reached US$12.
    55 billion, a year-on-year increase of 18.
    1%
    .

     
      Regarding aquatic products, the Vietnam Aquatic Products Processing and Exporting Association (VASEP) stated that in the first five months of 2021, Vietnam’s shrimp exports to the United States amounted to approximately US$270 million, a year-on-year increase of 21%
    .
    The export of Chayu also showed a recovery momentum.
    In April and May of 2021, it increased by 136% and 200% respectively, and the export value reached 33 million US dollars.
    The export value of Chayu in the first five months of 2021 reached 135 million US dollars, a year-on-year increase of 57.
    %
    .
    With the exception of the United States, Vietnam’s exports of aquatic products to the European Union continued to increase by 30% in May after reaching 97 million U.
    S.
    dollars in April, a 36% increase, reaching nearly 95 million U.
    S.
    dollars
    .
    In the first five months of this year, the cumulative export value of aquatic products to the EU exceeded US$380 million, a year-on-year increase of 15%
    .
     
      The representative of the Vietnam Aquatic Products Processing and Export Association analyzed that the reason for the rebound in exports to these markets was the rapid and extensive launch of new crown vaccination activities and timely economic stimulus plans, which provided these countries not only in the retail market segmentation, but also in services, restaurants, The strong recovery in the sales demand of aquatic products in hotels, entertainment and other channels has injected momentum
    .
    In addition, after a period of containment due to the prevention and control of the new crown pneumonia epidemic, consumers not only have a sharp increase in demand for consumption hobbies and habits such as shrimp, tuna, and salmon, but also demand for other aquatic products such as fish, cuttlefish, and crabs.
    Will soar
    .

     
      The timber industry is also showing a similar trend.
    According to data from the General Administration of Customs, in the first five months of 2021, the export value of such commodities reached US$6.
    63 billion, a significant increase of 62% over the same period in 2020.
    Among them, the export value of wood products reached US$5.
    13 billion.
    , Accounting for 77.
    4% of the total exports of such commodities, a year-on-year increase of 80.
    4%
    .
    It is worth noting that Vietnam's timber and wood products are mainly exported to the US market, accounting for 60.
    6% of the total export of such commodities, and the export value was 4.
    02 billion US dollars, an increase of 99.
    4% year-on-year
    .

     
      At the same time, regarding agricultural products , Deng Fuyuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that since April 2021, the export volume of many enterprises has increased significantly
    .
    This is a good sign, because market demand is picking up again
    .
    We understand the situation of many companies, and they are all optimistic about orders in the coming months
    .
    As a result, companies are prepared for raw material supply sources and production plans to meet the order requirements signed with importers
    .
    Agricultural products
     
      Experts believe that although market demand is sending more optimistic signals, Vietnamese companies must pay attention to some changes in consumption trends
    .
    Specifically, after suffering the "shock" of the new crown pneumonia epidemic, consumers in the European Union and the United States are increasingly concerned about environmental protection, product traceability, and factors related to child labor
    .
    Therefore, consumers will give priority to products that are produced in an environmentally friendly way, use green energy, and ensure employee welfare
    .
     
      Regarding agricultural products, Mr.
    Deng Fuyuan said that since the outbreak of the epidemic, fruit consumption trends in many markets have undergone great changes
    .
    Accordingly, consumers no longer buy in bulk, but purchase products in small packages
    .
    Therefore, in order to adapt to the new changes, Vietnamese companies have adopted the following measures: instead of exporting whole fruits, they are divided into small packages to facilitate the use or processing of frozen agricultural products instead of fresh agricultural products to extend their storage time
    .
    Many agricultural products companies have planned to invest in the construction of deep processing plants in the next period of time to usher in the ever-increasing market opportunities.
    At the same time, this is also the direction to adapt to the "post-new crown pneumonia epidemic" period
    .
     
      For the aquaculture industry, large leading companies such as Mingfu, Shunfu, and Yueao have accelerated their investment in the construction of aquatic product processing plants, while focusing on the raw material areas that meet the standards to improve the quality of aquatic products
    .
     
      Ruan Gongjin, deputy technical director of Yue-Ao Group, said that the group pays attention to investing in technology and constantly updates and researches breeding technology solutions
    .
    Its purpose is not only to improve the quality of shrimp larvae from generation to generation, but also to bring appropriate technical solutions and breeding models to farmers, and jointly improve the status of Vietnamese shrimp in the world market
    .

     
      In addition to the efforts of various enterprises and enterprise associations, the Ministry of Industry and Trade has also taken a number of measures recently to provide the best conditions for enterprises to obtain certificates of origin
    .
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