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    Home > Food News > Food Articles > Vietnam's trade surplus continues to expand Agriculture, forestry and water industry is the biggest bright spot

    Vietnam's trade surplus continues to expand Agriculture, forestry and water industry is the biggest bright spot

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    Vietnam reported on December 24 that Vietnam's trade surplus reached nearly US$11 billion
    in the first 11 months of 2022.
    Among them, the trade surplus of agriculture, forestry and aquatic products reached 7.
    82 billion US dollars
    .
     
    According to previous forecasts by Vietnam's Ministry of Industry and Trade, Vietnam's trade surplus in 2022 will be about US$1 billion
    .
    But Vietnam's trade surplus in the first 11 months of this year has reached US$10.
    6 billion, an increase of US$10 billion
    year-on-year.
     
    In the first 11 months, Vietnam's total imports and exports of agriculture, forestry and fishery products reached US$90.
    26 billion
    .
    Among them, the export value reached about 49.
    04 billion US dollars, a year-on-year increase of 11.
    8%; Imports amounted to USD 41.
    22 billion
    .
    The trade surplus of agriculture, forestry and fishery products reached 7.
    82 billion US dollars, an increase of 47.
    8%
    year-on-year.
     
    In the first 11 months, some agriculture, forestry and aquatic products with higher export value include: coffee, with an export value of more than 3.
    5 billion US dollars, an increase of 31.
    5% year-on-year; Rice exports exceeded US$3.
    2 billion, up 6.
    9% year-on-year; The export value of cassava and its products exceeded 1.
    2 billion US dollars, a year-on-year increase of 16.
    4%; The export value of Chayu reached 2.
    2 billion US dollars, a year-on-year increase of 61.
    9%; Shrimp exports reached US$4.
    1 billion, a year-on-year increase of 14.
    6%; Exports of timber and wood products reached US$14.
    6 billion, up 9%
    year-on-year.
     
    Vietnam's Ministry of Industry and Trade estimates that the import and export volume of Vietnamese goods will reach 740 billion US dollars ~ 750 billion US dollars
    in 2022.
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