Exports of agricultural, forestry, and fishery products in the first 4 months of 2023 decreased by more than 13%

DNHN - According to the Ministry of Agriculture and Rural Development, the export value of agricultural, forestry, and fishery products in April 2023 was 4.54 billion USD, down 8.3% over the same period last year.

The export of agricultural, forestry, and fishery products reached $15.66 billion in the first four months of 2023, a 13.3% decrease compared to the same period in the previous year. The agricultural, forestry, and fishing trade surplus reached $2.51 billion, a decrease of 37.7%.

In April, agricultural products and livestock products increased (agricultural products reached 2.33 billion USD, up 24.0%; livestock products gained 41 million USD, up 46.7%); however, aquatic products and forest products decreased.

During the past four months, the export value of several products has increased relative to the same period last year, including coffee ($1.7 billion, up 2.5%), vegetables and fruits ($1.39 billion, up 19.4%), cashew nuts ($942 million, up 3.5%), meat and by-products ($45 million, up 63.7%), and rice ($1.56 billion, up 54.5%).

However, there are also products with reduced export value, such as rubber $ 684.8 million, down 20.1%; tea reached 50 million USD, down 5.8%; pepper reached 325 million USD, down 10.2%; cassava and cassava products reached US$453 million, down 12.1%; wood and wood products 3.91 billion USD, down 30.4%; rattan, bamboo, and sedge mats 245 million USD, down 29.2% and pangasius reached 558 million USD, down 39.9%; shrimp reached USD 843 million, down 39.6%. The reason is that the average export price of numerous agricultural products fell sharply, specifically: pepper fell by more than 34%; fertilizer fell by 33.6%; cassava and cassava products dropped by more than 11%...

In the first four months of the year, the export value of agricultural, forestry, and fishery products increased by 2.7% only in the Asian region. However, all other markets declined: the Americas decreased by 39.6%, Europe by 13%, Africa by 21.2%, and Oceania by 31%. China, the United States, and Japan remained the top three export markets for agricultural, forestry, and fishery products from Vietnam. China accounted for 20.9%, an increase of 3.3% over the same period last year; the United States accounted for 18.9%, a decrease of 40.5%; and Japan accounted for 8.1%, an increase of 0.8%.

According to the Ministry of Agriculture and Rural Development, the slow growth of the global economy in 2023 is the reason why the total export turnover of agricultural, forestry, and fishery products has decreased and the export market continues to face many challenges. again; influence from the Russian-Ukrainian military conflict; high inflation in some countries around the world; in which there are large import markets for agricultural products of Vietnam (the United States, Europe, Japan, and Korea), reducing demand for consumption and imports.

In addition, many countries promote agricultural product exports and increase market supply; however, the volume of imported goods in 2022 for some large consumption markets, such as the United States and the European Union, is still substantial, and thus few businesses have signed new export contracts. The price of inputs for agricultural, forestry, and fisheries production remains elevated, impacting regulation, business administration, and the income and profits of farmers.

In the future, the Ministry of Agriculture and Rural Development will continue to encourage market expansion, eliminate obstacles, and facilitate domestic consumption and export. The focus of the ministry is on removing obstacles and impediments, as well as minimizing the negative effects of the epidemic and domestic and international market fluctuations.

P.V