Revenue of these exports was estimated at USD 32.3 billion, up 12.2% year-on-year, while imports was estimated at USD 26 billion, up 1.6%.

So far this year, Vietnam has enjoyed about 6.3 billion USD in trade surplus in agriculture, forestry and fishery products, nearly doubling that the same period in 2021.

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Vietnamese fresh coconuts exported to Japan

From January-July, shipments of key agricultural products totaled USD 13.3 billion, up 8.4%. Aquatic exports saw a significant surge of 34.2% to nearly USD 6.7 billion. Forestry exports also increased 1.3% to USD 10.4 billion during the period.

There were four exports whose value reached over USD 2 billion, namely coffee, rice, shrimp, and wood products.

Exports posting high growth included coffee (46.2%), rubber (7%), rice (9%),   pepper (11.7%), tra fish (83.6%), and shrimp (26.2%).

In the reviewed period, the export value of Vietnam's agriculture, forestry and fishery products to markets in Asia accounted for 42.4% of the market share, followed by the Americas (29.3%), Europe (11.9%), Oceania (1.7%), and Africa (1.6%).

The US remained Vietnam’s biggest buyer, purchasing nearly USD 8.7 billion worth of the products, or 26.8% of the total.

It was followed by China, with import value of 5.7 billion USD, accounting for 17.8 percent of the total.

Source: VNA