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3 billion-dollar export groups of the agricultural sector

Báo Hải quanBáo Hải quan16/03/2024


(HQ Online) - Exports of agricultural goods have shown many improvements in the first two months of the year, notably with three groups of goods in this sector reaching a turnover of 1 billion USD or more.

Compared to the same period last year, the number of billion-dollar export commodity groups of the agricultural sector increased by 1 group compared to the same period last year.

The new product group achieving this result in the first two months of the year is coffee with a turnover of 1.25 billion USD, an increase of 68% (equivalent to an additional turnover of more than 500 million USD).

The remaining two groups of goods are wood and wood products; and seafood. In general, all three main export groups of the agricultural sector achieved impressive growth.

With a total export turnover of nearly 4.7 billion USD, the three main commodity groups of the agricultural sector alone accounted for nearly 8% of the country's total export turnover in the first two months of the year.

Below is a chart of some outstanding information related to the above 3 important commodity groups from statistical data of the General Department of Customs.

3 nhóm hàng xuất khẩu tỷ đô của ngành nông nghiệp
Details of turnover and growth rate of 3 key agricultural product groups. Infographics: T.Binh.

The main export markets for the above-mentioned products are the United States, China, Japan, EU countries... Statistics from the General Department of Customs show that export turnover to important markets all have positive growth rates, with many markets experiencing double-digit growth.

3 nhóm hàng xuất khẩu tỷ đô của ngành nông nghiệp
The 3 largest export markets of the 3 billion-dollar agricultural groups in the first 2 months of the year. Infographics: T.Binh.

With the above impressive start, experts, managers and the business community are expecting record export figures for the above product groups this year.

Of which, wood and wood products are expected to reach a turnover of 16 billion USD; seafood is expected to reach 9.5 billion USD; coffee is estimated to reach 5 billion USD.



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