Agro-forestry-fishery exports set new record in 2022

The agro-forestry-fishery export turnover in 2022 posted a new record, hitting over US$53.2 billion in 2022, a year-on-year increase of 9.3%, according to the Ministry of Agriculture and Rural Development (MARD).
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The agro-forestry-fishery export turnover in 2022 posts a new record (Photo: VNA)

The ministry reported that the sector enjoyed a trade surplus of US$8.5 billion, 30% higher than that of 2021.

Specifically, the export value of main agricultural products reached US$22.59 billion, up 4.8%; main forest products reached US$16.93 billion, up 6.1%; and aquatic products hit US$10.92 billion, up 22.9%.

The agricultural sector had seven groups of products recording export turnover of over US$3 billion, including wood and wooden products with US$10.92 billion, shrimp US$4.33 billion, coffee US$3.94 billion, rice US$3.49 billion, rubber US$3.31 billion, fruit and vegetables US$3.34 billion, and cashew nuts US$3.07 billion.

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Illustrative image (Source: internet)

During the year, the sector has focused on removing trade barriers, thus helping set new export records, the ministry said.

A series of projects have been implemented to promote exports, and speed up the application of IT in collecting information and carrying out market forecasts.

MARD has kept a close watch on price movements and the balance of supply and demand in the market, while proposing solutions to remove difficulties for the distribution and consumption of agricultural products.

It has also coordinated with embassies, and trade and agriculture counsellors to set up channels for exchanging and providing information related to export markets, and strengthened online promotions towards expanding exports to big markets such as China, the US, the European Union, Russia and Brazil, and effectively exploiting potential markets including Japan, the Republic of Korea, ASEAN, Australia, New Zealand and the Middle East.