According to the latest data from the General Statistics Office, Vietnam has 4 agricultural products with a turnover of billions of USD, with a total of 13.01 billion USD, accounting for 88% of export turnover.

According to the latest data from the General Statistics Office, agricultural exports in July 2024 reached 1.96 billion USD. In general, the main items in this group all increased in turnover compared to the same period last year.

Specifically, the amount of pepper exported in July reached 28,000 tons, an increase of 83% over the same period last year. Thanks to the price increase, pepper export turnover in the month also increased by 181% over the same period last year, reaching 160 million USD.

Cashew nuts also recorded an increase in both volume and turnover with an increase of 27.7% over the same period last year and 40.4% over the same period last year, reaching 70,000 tons and 428 million USD, respectively. Cassava and cassava products increased by 65% ​​year-on-year in volume, reaching 240,000 tons of exports in July 2024, and the export turnover also increased by 64%, reaching 118 million USD.

Vietnam's tea export volume in the month also increased by 52% year-on-year, reaching 16,000 tons. With a slight increase in price, the export turnover of this item increased to 29 million USD, up 56% year-on-year.

In contrast to the increasing trend in volume of tea and pepper, the export volume of coffee and rice in the month decreased by 35% and 4% year-on-year, respectively, to 70,000 tons and 630,000 tons. However, thanks to high prices, the turnover of these two commodities still grew, with a 12% increase over the same period last year for coffee and a 6% increase over the same period last year for rice, reaching 346 million USD and 386 million USD respectively.

In the first 7 months of the year, fruits and vegetables continued to be the agricultural product with the largest export turnover at 3.83 billion USD, an increase of 24.3% over the same period last year.

Fruits and vegetables are the agricultural products with the largest export turnover in July 2024 with 500 million USD, up 23% over the same period last year.

In the first 7 months of 2024, the total export turnover of agricultural products reached 14.6 billion USD. Of which, Vietnam has 4 agricultural products with a turnover of billion USD with a total of 13.01 billion USD, accounting for 88% of the export turnover of this group.

Vegetables and fruits continued to be the item with the largest export turnover with 3.83 billion USD, up 24.3% over the same period last year. Coffee was the item with the second largest turnover with 3.53 billion USD, up 30.9% over the same period last year; rice with 3.27 billion USD, up 25.1% over the same period last year and cashew nuts with 2.37 billion USD, up 22.1% over the same period last year.

In addition to the billion-dollar items, in this group, Vietnam earned 790 million USD from pepper exports, up 46.3% over the same period last year; cassava and cassava products with 748 million USD, up 12.5% ​​over the same period last year and tea with 135 million USD, up 34.8% over the same period last year.

In terms of volume, coffee exports in the first 7 months of 2024 decreased by 13.8% over the same period last year, to 964,000 tons; cassava and cassava products decreased by 1.2% over the same period last year, reaching 1.62 million tons.

In contrast, cashew nut exports increased by 26.4% over the same period last year, to 424,000 tons; tea increased by 32.7% over the same period last year, reaching 78,000 tons; rice increased by 5.8% over the same period last year, reaching 5.17 million tons and pepper increased by 0.9% over the same period last year, reaching 169,000 tons.

Source: Cong Thuong Newspaper