(HSV VIETNAM GROUP) – Vietnam's fruit and vegetable exports in 2023 will reach 5.6 billion USD, an increase of 66.7% compared to 2022 thanks to a sharp increase in exports to China, EU, and Korea markets.
According to statistics from the General Department of Customs, in 2023, export turnover of agricultural and aquatic products will reach 32.5 billion USD, an increase of 5.3% compared to 2022 and accounting for about 9.1% of the country's total exports.
The Vietnam Import-Export Report 2023 just announced by the Ministry of Industry and Trade clearly states: Contributing to this growth, there are 4 groups of Vietnamese agricultural products achieving positive export value compared to 2022, including: Vegetables and fruits reaching 5.6 billion USD, an increase of 66.7%; rice reached 8.1 million tons, turnover reached 4.7 billion USD, up 14.4% in volume and 35.3% in value; Cashew nuts reached 644 thousand tons, worth over 3.6 billion USD, up 24% in volume and 18.1% in value; Coffee reached 1.6 million tons, turnover reached more than 4.2 billion USD, down 8.7% in volume but up 4.6% in value.
Fruit and vegetable exports increased by nearly 70%
Leading the group of Vietnamese agricultural products is vegetables and fruits. Vietnam's fruit and vegetable exports in 2023 will reach 5.6 billion USD, an increase of 66.7% compared to 2022 thanks to a sharp increase in exports to China, EU, and Korea markets.
The export turnover of fruits still accounts for the largest proportion of the total fruit and vegetable export turnover in 2022. In particular, durian export has replaced dragon fruit to take the first position with a proportion of 55.4% of the total fruit export value, reaching 2.24 billion USD, an increase of 430% compared to 2022. Dragon fruit ranks second, accounting for 15.2% by value (halving the proportion compared to 2022). 31.3% in 2022), reaching 614 million USD, down 3.8%. In addition to bananas, which only increased slightly (up 1.3%), other fruit products such as jackfruit, mango, passion fruit, pistachios... generally have a high export increase, about 34-44% compared to 2022.
In 2023, China will be Vietnam's largest fruit and vegetable consumption market with a turnover of 3.6 billion USD, an increase of 138.7% over the previous year, accounting for 65.0% of the country's total fruit and vegetable export turnover. Ranked second is the US market reaching 257.7 million USD, an increase of 4.0% compared to 2022, accounting for 4.6%. Korea ranked third with a turnover of 225.8 million USD, an increase of 24.9% compared to 2022 and accounting for 4.0% of the total turnover.
Vietnam's fruit and vegetable exports to the EU reached 227.6 million USD, an increase of 22.2% compared to 2022 and accounting for 4.1% of the country's total fruit and vegetable export turnover. Of which, mainly exported to the Netherlands with a turnover of 147.1 million USD, an increase of 25.7% compared to the previous year; Export to Germany was 36.2 million USD, an increase of 45.6%.
In 2023, Vietnam's fruit and vegetable exports to most major markets will increase compared to 2022, especially the Chinese market. In addition, exports to Korea, Germany, and Canada also increase sharply.
The structure of the fruit and vegetable export market has also changed quite a lot compared to 2022: the proportion of the Chinese market increased from 45.4% to 65% thanks to a sharp increase in durian consumption demand; while the proportion of other main markets decreased such as the US (down from 7.4% to 4.6%), Korea (from 5.4% to 4.0%).
Export rice prices continue to maintain high levels
Regarding rice products, in 2023, the country's rice export turnover will reach 8.13 million tons, worth 4.7 billion USD, an increase of 14.4% in volume and 35.3% in turnover compared to 2022.
Vietnam's export rice prices continue to remain at a high level. There was a time when Vietnam's export price of 5% broken rice was higher than the price of rice of the same type in Thailand and India. The average export price in 2023 will reach 575 USD/ton, an increase of 18.3% compared to the average level in 2022.
According to the Vietnam Food Association (VFA), as of December 29, 2023, Vietnam's export price of 5% broken rice reached 653 USD/ton (FOB), an increase of 42.6%, equivalent to an increase of 195 USD/ton compared to the price in 2022, equal to the price of Thai rice of the same type and about 40-60 USD/ton higher than 5% broken rice from Myanmar and Pakistan.
Asia continues to be the largest export market in 2023, reaching 6.1 million tons, accounting for 75% of total exports, an increase of 22.8% compared to 2022; Next is Africa with export results reaching nearly 1.34 million tons, accounting for 16.5% of total rice exports, an increase of nearly 7.2%. Although the European market only accounts for a small proportion of Vietnam's total exports (about 1.6%), it still reaches nearly 133 thousand tons; Of which, the EU reached 109,091 tons, an increase of 15.4% or 14.5 thousand tons compared to 2022.
Vietnam's traditional rice export markets recorded high export results compared to 2022: The Philippines continues to be Vietnam's largest rice import market, accounting for 38.7% of total exports, reaching 3.14 million tons with a value of more than 1.75 billion USD, down 1.0% in volume but up 17.6% in turnover compared to 2022.
Indonesia ranked second, accounting for 14.5% of the country's rice exports, equivalent to 1.18 million tons with a value of 640.3 million USD, an increase of 8.9 times in turnover compared to 2022 due to this country's lack of domestic supply. China ranked third, accounting for 11.3% of the country's total rice exports, reaching 918 thousand tons with a value of 530.6 million USD, an increase of 10.08% in volume and an increase of 22.7% in turnover compared to 2022.
Vietnam continues to hold the number 2 position in the world in coffee exports
The report states that in 2023, although Vietnam's coffee exports will not increase in output, thanks to the good price of Robusta coffee, the value will still increase compared to the previous year, thereby, Vietnam will continue to hold the number two position in the world in coffee exports, after Brazil.
Vietnam's coffee exports in 2023 reach 1.62 million tons, worth 4.24 billion USD, down 8.7% in volume and up 4.6% in value compared to 2022. The average export price reaches 2,614 USD/ton, up 14.5% compared to 2022.
In 2023, Robusta continues to account for the highest proportion of the industry's export value with 78.5%, reaching 3.2 billion USD, an increase of 2.8% compared to 2022. Although export volume decreased, export turnover increased because the average export price in 2023 reached 2,253 USD/ton, an increase of 14% compared to 2022. On the contrary, both coffee export volume and price Arabica both decreased by 32.8% and 9.3% respectively.
Also according to statistics from the General Department of Customs, in 2023, coffee exports to the EU market account for the largest proportion with 35% of total coffee exports, reaching 1.48 billion USD, down 0.7% compared to 2022. Many markets achieved high growth compared to 2022 such as: Denmark reached 4.1 million USD, an increase of 96.7%; Netherlands reached 121.7 million USD, up 76.5%; Portugal reached 35.6 million USD, an increase of 51.3%.
Some other large markets remained stable compared to the previous year such as Japan reaching 319 million USD, an increase of 14.9%; China reached 152 million USD, up 10.3%; America reached 293 million USD, down 4.1%; Russia reached 245 million USD, down 1.7%. Coffee demand has expanded significantly beyond the EU, US and Japanese markets.
Some markets, although their export value is not high, have a strong increase compared to 2022 such as: Indonesia reaching 132.7 million USD, an increase of 122.4%; Algeria reached 160.2 million USD, an increase of 88.4%; Myanmar reached 19.3 million USD, an increase of 89.1%; New Zealand reached 4.8 million USD, an increase of 60%.
Cashew exports increased in all major markets
Regarding cashew products, Vietnam's cashew nut exports in 2023 will reach 644 thousand tons, worth 3.64 billion USD, up 24% in volume and 18.1% in value compared to 2022. Vietnam's average export price of cashew nuts will reach 5,657 USD/ton, down 4.7% compared to 2022.
Notably, in 2023, Vietnam's cashew nut exports to all major markets increased compared to 2022. In particular, the amount of cashew nuts exported increased sharply to markets: UAE (up 72.3%); China (up 49.8%); Saudi Arabia (up 46.3%); UK (up 24.1%).
In 2023, the US will be Vietnam's largest cashew import market, accounting for 24.6% of the country's total cashew nut exports, at 158.5 thousand tons, worth 886 million USD, up 10.3% in volume and 5.1% in export turnover compared to 2022. Ranked second is China, accounting for 17.5% of the country's total cashew exports, reaching 113 thousand tons, worth 683 million USD, an increase of 49.8% in volume and 55.2% in export value compared to 2022.
Ha Diem HSV