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    Home > Food News > Food Articles > Vietnam and the U.S. are each other's largest export markets for agricultural products

    Vietnam and the U.S. are each other's largest export markets for agricultural products

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
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    According to a report from Vietnam's "Industry and Trade News" on November 4, Vietnam and the United States have become each other's largest export markets for agricultural products .
    In the first 10 months of 2021, Vietnam exported 10.
    8 billion U.
    S.
    dollars of agricultural, forestry and aquatic products to the U.
    S.
    , with a market share of 27.
    9% in the U.
    S.
    ; U.
    S.
    agricultural exports to Vietnam accounted for U.
    S.
    dollars of 3.
    3 billion U.
    S.
    dollars, with a market share of 9.
    2% in Vietnam, of which cotton exports accounted for 36.
    4% .


     
      According to the report, in the first 10 months of 2021, Vietnam exported a total of 38.
    8 billion U.
    S.
    dollars in agriculture, forestry and aquatic products, an increase of 13.
    1% over the same period last year; exports to the United States were the largest, reaching 10.
    8 billion U.
    S.
    dollars, and had a market share of 27.
    9% in the United States.
    The export to China is the largest, reaching 68.
    4%; the export to China ranks second, reaching 7.
    5 billion US dollars, and the market share in China is 19.
    3%, of which fruit and vegetable exports account for the largest proportion, reaching 23.
    4%; the export to Japan ranks third, reaching 2.
    7 billion US dollars; South Korea's exports ranked fourth, reaching 1.
    7 billion U.
    S.
    dollars
    .
    During the same period, Vietnam imported a total of US$35.
    6 billion in agriculture, forestry and aquatic products, a year-on-year increase of 39.
    1%
    .
    Imports from the United States amounted to US$3.
    3 billion, with a market share of 9.
    2% in Vietnam, of which cotton imports accounted for 36.
    4%; imports from Cambodia ranked second, reaching US$3.
    15 billion, with a market share of 8.
    9%
    .
    U.
    S.
    agricultural exports aquatic products
     
      According to the report, in the first 10 months of 2021, Vietnam exported a total of 38.
    8 billion U.
    S.
    dollars in agriculture, forestry and aquatic products, an increase of 13.
    1% over the same period last year; exports to the United States were the largest, reaching 10.
    8 billion U.
    S.
    dollars, and had a market share of 27.
    9% in the United States.
    The export to China is the largest, reaching 68.
    4%; the export to China ranks second, reaching 7.
    5 billion US dollars, and the market share in China is 19.
    3%, of which fruit and vegetable exports account for the largest proportion, reaching 23.
    4%; the export to Japan ranks third, reaching 2.
    7 billion US dollars; South Korea's exports ranked fourth, reaching 1.
    7 billion U.
    S.
    dollars
    .
    During the same period, Vietnam imported a total of US$35.
    6 billion in agriculture, forestry and aquatic products, a year-on-year increase of 39.
    1%
    .
    Imports from the United States amounted to US$3.
    3 billion, with a market share of 9.
    2% in Vietnam, of which cotton imports accounted for 36.
    4%; imports from Cambodia ranked second, reaching US$3.
    15 billion, with a market share of 8.
    9%
    .
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