List of products Vietnam export most to the world market | Part 1: Agricultual and Fishery products
1. List of products Vietnam export most to the world market
1.1. Vietnam Rice products – most popular export products from vietnam
Rice is one of the most famous products exported from Vietnam. Regarding export turnover, according to data of the General Department of Customs, rice products exports in 2020 reached 6.25 million tons with a value of $3.12 billion, down 1.9% in volume but up 11.2% in value compared to 2019.
In the context of a difficult market and affected by the epidemic Covid-19, Vietnam’s rice export still achieved growth in value, with the average rice export price of the whole year reaching about 499 USD/ton, up 13.3%, equivalent to an increase of 59 USD/ton compared to 2019..
Although Vietnam rice exports for the whole year decreased by 1.9% in volume, the average export price from Vietnam reached 499 USD/ton, an increase of 13.3%, equivalent to an increase of 59 USD/ton compared to 2019.
1.2 Vietnam natural rubber
In 2020, the world production of natural rubber product faces many difficulties: the number of days of rubber latex production decreased because of abnormal weather; deciduous disease in rubber trees; lack of labor; production disruptions, circulation in key rubber producing countries due to disease. According to the Association of Natural Rubber Producing Countries (ANRPC), rubber production in the world in 2020 will decrease by 10% to 12.6 million tons, mainly due to the decrease in Thailand and India.
According to data from the General Department of Customs, rubber products exports in 2020 will reach 1.75 million tons, worth rubber price reached 2.38 billion USD, up 2.9% in volume and 3.6% in value compared to 2019. Vietnam rubber price increased by 0.7% compared to 2019, reaching about 1,363 USD/ton.
1.3 Vietnam vegetable and fruits products
According to data from the General Department of Customs, Vietnam’s fruit and vegetable products exports in 2020 reached 3.27 billion USD, down 12.7% compared to 2019.
In 2020, China continues to be the largest fruit and vegetable products consumption market of Vietnam with a proportion of 56.3%, equivalent to a turnover of 1.84 billion USD, down 25.7% compared to same period. Fruit and vegetable exports to China declined in part due to the strengthening and control of quality inspection and monitoring and traceability for Vietnamese agricultural products (including vegetables and fruits) imported into China, especially in the context of the Covid-19 pandemic.
1.4 Vietnam seafood and fishery products
According to data from the General Department of Customs, seafood export turnover in 2020 will reach 8.41 .
billion USD, down 1.5% over 2019. Vietnam has exported seafood to more than 159 markets, of which 10 are exported. The main import has concentrated over 90% of the total export turnover of the whole seafood industry.
In 2020, the 5 largest seafood export markets of Vietnam are: the United States, Japan, EU, China and Korea. The US market achieved the highest export turnover, accounted for 19% of the total export turnover of the country, reaching 1.6 billion USD and increasing by 10.4% over the previous year with the year 2019
1.5 Vietnam coffee products exported from vietnam in 2020
In 2020, Vietnam’s coffee export turnover will reach about 2.74 billion USD, with an amount of exports reached about 1.57 million tons. Compared to 2019, the export volume decreased by 5.6%. Export turnover decreased by 4.2%. The average export price of coffee increased slightly from 1,727 USD/ton to $1,751/ton (up 1.4%).
In 2020, due to the impact of the Covid pandemic, coffee exports encountered many problems difficult. Vietnamese businesses in the coffee industry have sought to increase consumption in the domestic market. Moreover, Vietnam consider this as a solution to overcome difficult times. Coffee consumers in Vietnam tends to consume more and more pure coffee. However, the percentage of coffee consumption Coffee of Vietnamese people is still low.
c. Vietnam cashew products
In 2020, Vietnam cashew nut industry has positive directions in export to overcome difficulties. Although affected by the epidemic, businesses have had try to take advantage of the big old markets and look for and expand opportunities to new markets, helping cashew nut exports from Vietnam cashew maintain No.1 rank in the world.
Vietnam’s cashew nut export turnover in 2020 reached 3.21 billion USD, the export volume reached 515,000 tons. In 2019, Vietnam cashew nut export turnover decreased by 2.3% but 13.0% increase in volume. Average price of Vietnam exported cashew nuts in 2020 over last year 2019 decreased by 13.6%, from $7,219/ton to $6,238/ton.
2. Export market for Vietnam agricultural products are enlarged
List Of Products Vietnam Export Most In Terms of Agricultural And Fishery
The largest export markets of agricultural and aquatic products are still China. Following ranks are respectively EU, USA, ASEAN, Japan and Korea. Total export turnover of agricultural and aquatic products Vietnam’s production to these 6 markets in 2020 will reach 18.66 billion USD. It accounts for 74.5% total export turnover of agricultural and aquatic products of the country. Specifically, the markets are below:
2.1 China market:
Agro-fishery exports to China in 2020 reached 6.86 billion USD, down 3.4%. Compared to 2019, the down sight was recorded declines such as seafood, vegetables, cashew nuts, coffee, tea. However, the positive performance of commodities such as rice, cassava, and rubber partially offset the decline.
2.2 US market:
The export of Vietnam agricultural and aquatic products reached about 3.25 billion USD, up 4.6% compared to 2019. This is Vietnam’s leading export market pepper, seafood and ranked second in terms of coffee. In 2020, recorded the growth of some key export items in the US market such as seafood increased by 10.4%, vegetables increased by 10.4%, coffee up 3.3%, pepper up 1.1%, rice 17.1%.
Read more:
>> Main export industries of Vietnam Reviews
>> The Vietnam Export Report 2020 (in Vietnamese)