From the start of 2024 to mid-September, Vietnam’s agricultural, forestry, and fishery trade turnover reached nearly US$69.84 billion, as reported by the General Department of Customs. The country has recorded a trade surplus of approximately $12.4 billion in these sectors. In the first half of September 2024, the total trade turnover for key agricultural, forestry, and fishery products was estimated at $1.48 billion, with exports reaching $1.03 billion and imports totaling $448 million.
Between the start of the year and mid-September, the export turnover for these key sectors stood at approximately $41.11 billion, while imports amounted to $28.72 billion. According to the Ministry of Agriculture and Rural Development, the export turnover growth rate for key agricultural, forestry, and fishery products reached 18.6% year-on-year by the end of August 2024, while import turnover increased by about 5.6%.
Leading the exports were wood and forest products, generating nearly $10.9 billion in turnover. Seafood followed closely at $6.68 billion. Other significant exports included fruit and vegetables ($5.18 billion), coffee ($4.13 billion), and rice ($4.06 billion). Cashew nuts and rubber also made notable contributions, with export turnovers of nearly $3 billion and $2 billion, respectively.
On the import side, animal feed and raw materials topped the list at $3.45 billion, followed by cashew nuts at around $2.55 billion. Additionally, seafood imports amounted to $1.75 billion, while fruit and vegetable imports totaled $1.54 billion. The Ministry of Agriculture and Rural Development highlighted that, with the current export growth rate, many agricultural, forestry, and fishery products are expected to see a boost in growth as the year-end harvest season approaches. As a result, the target of reaching $55 billion in export turnover for 2024 is anticipated to be achieved soon.
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