Agricultural exports to China see strong growth in the first four months of 2024

DNHN - In the first four months of 2024, the export value of agricultural, forestry and fishery products to the Chinese market reached 18.9%, an increase of 15.1% over the same period last year.

According to a report by the Ministry of Agriculture and Rural Development, in April 2024, the total export value of Vietnam’s agricultural, forestry and fishery products reached 5.14 billion USD, an increase of 19.7% over the same period last year. Of which, the export of main agricultural products reached 2.83 billion USD (an increase of 29.2%). Forestry product exports reached 1.39 billion USD (an increase of 18.6%). Livestock exports reached 40.8 million USD (an increase of 5.9%). In particular, seafood exports reached 730 million USD (a slight decrease of 1.5%).

The total export value of agricultural, forestry and fishery products in the first four months of 2024 reached 19.06 billion USD, an increase of 23.7% over the same period last year.

The US, China and Japan are the three largest markets for importing agricultural, forestry and fishery products from Vietnam. Of which, China accounts for 18.9% of the total export value, an increase of 15.1% compared to the same period in 2023.

During the holiday from April 30 to May 1, 2024, Huu Nghi and Tan Thanh border gates in Lang Son province were still the border gates with the most bustling border trade activities, completing customs procedures for more than 5,300 vehicles, including more than 2,100 vehicles carrying exported fruits. The total weight of imported and exported agricultural products is about 55,790 tons.

Along with that, the Border Gate Management Center and functional forces in Lang Son province have proactively announced customs clearance times, deployed staff on duty 24/24 and separated vehicles to ensure smooth import and export activities.

In the context that many economies in the world are facing difficulties, strongly affecting Vietnam’s foreign trade activities, the export of goods in general and agricultural products in particular to the Chinese market continues to be a bright spot.

It is noteworthy that on May 2, 2024, the first cargo train departed from Cao Xa station, Hai Duong province, officially opening the international intermodal transport route. This event marks Cao Xa station as a freight station in the railway transport network, participating in the transportation of domestic and international goods.

After the opening ceremony, the train consisting of 12 containers carrying sulfur, aluminium, and milk departed for Yen Vien station to connect with international intermodal trains for export to China.

According to the Department of Crop Production - Ministry of Agriculture and Rural Development, in the second quarter of each year, the national fruit output is estimated to reach over 2.6 million tons. Of which, bananas are about 460,000 tons, durian is 300,000 tons, lychee is 330,000 tons, and longan is 110,000 tons. In addition, there are hundreds of thousands of tons of pineapple, mango, orange, and dragon fruit that are also harvested. The abundant supply of fruit puts great pressure on consumption, leading to a decrease in the price of many types.

Therefore, facilitating customs clearance at border gates, and opening up transportation flows, including the international intermodal railway transport route, will help reduce transportation costs, and promote the export of agricultural products in particular and goods in general from Vietnam to China.

In addition, to maintain growth momentum, domestic enterprises need to strictly follow regulations on product quality and traceability to penetrate deeper into the Chinese market, especially the northern and northeastern regions with great potential.

H.M