The value of fruits, vegetables, and rice exported reached an all-time high.

DNHN - As per the findings of the General Department of Customs, Vietnam's export turnover amounted to 291.46 billion USD by the conclusion of October. This represents a decline of 22.04 billion USD, or 7%, in comparison to the corresponding period

There are as many as eight product groups whose revenue has decreased by more than $500 million; phones and components experienced the greatest decline, at $6.24 billion.

The product groups follow: The value of textiles and apparel fell by 4.08 billion US dollars, while footwear of all types fell by 3.68 billion US dollars. Machinery, equipment, tools, and spare parts experienced a decrease of 2.82 billion US dollars, while wood and wood products fell by 2.61 billion US dollars, seafood declined by 1.94 billion US dollars, chemicals decreased by 686 million US dollars, and iron and steel products declined by 611 million US dollars.

It is worth noting that despite the overall decline in export activities, certain product categories have managed to attain noteworthy growth. According to statistical data obtained from the General Department of Customs, three export commodity groups experienced a turnover increase of one billion USD or more by the conclusion of October. These groups comprised fruits and vegetables, vehicles and spare parts, and rice, each of which witnessed a growth of more than one billion USD.

Therefore, two of the three commodity groups that have experienced the greatest increase in turnover are agricultural. In particular, fruit and vegetable exports peaked at 4.82 billion USD by the end of October, representing the highest volume in ten months and a 755 percent increase compared to the same period the previous year. The value of durian products increased by 1.78 billion USD to 1.96 billion USD, which is over ten times the amount for the same period last year...

China serves as the principal export market for fruits and vegetables from Vietnam, contributing 66% of the total turnover and generating a turnover of USD 3.19 billion (equivalent to USD 1.98 billion) in growth compared to the corresponding period of the previous year. The export quota for fruits and vegetables of the nation.

The nation as a whole exported 7.1 million tonnes of rice products in ten months, generating a revenue of USD 3.95 billion (a 34% increase in volume and a 15.6% increase in value compared to the same period last year).

China and the ASEAN region (primarily Indonesia, the Philippines, and Singapore) are the two largest export markets, respectively.

During the aforementioned period last year, exports to the Chinese market amounted to 884 thousand tonnes, reflecting a 16.7% growth over the 4.2 million tonnes exported to ASEAN.

72% of the nation's rice exports were directed to the aforementioned two markets, which accounted for nearly 5.1 million tonnes of rice exports.

Transportation and spare parts accounted for a 17% increase in revenue to 11.46 billion USD by the end of October compared to the same period the previous year. The principal export destinations for this category of goods are the United States, Japan, and Korea.

P.V. (artificial)