(HSV VIETNAM GROUP) - Many types of Vietnamese agricultural products exported to Russia doubled compared to the same period last year when this country aggressively purchased them.
Russia is not a large export market for many types of Vietnamese agricultural products. However, according to preliminary statistics from the General Department of Customs, in the first 5 months of this year, agricultural products exported to the Russian market increased sharply.
By the end of May 2024, agricultural export turnover to Russia reached 331.3 million USD, an increase of 49.7% over the same period last year.
Among them, coffee is the product with the largest export turnover to the Russian market, reaching 161.6 million USD, an increase of 39% over the same period in 2023. Next is seafood reaching 76.4 million USD, an increase of 87.7%; cashew nuts reached 28 million USD, an increase of 81.8%; fruits and vegetables reached 26.8 million USD, an increase of 25.2%.
In addition, rubber exports to this market increased by 23.8%, wood and wood products increased by 47.6%, rice exports doubled, and pepper increased sharply by 96.9%.
Compared to the same period last year, only tea products recorded a negative growth of 12%.
According to the Vietnam Association of Seafood Exporters and Producers, transporting goods from Vietnam to Russia has become more convenient. Russian transport corporations open direct transport routes from Ho Chi Minh City - Hai Phong - Vladivostok (Russia); There have been a number of other shipping companies running new routes, helping to transport goods faster and with shorter transit times.
In addition, the railway transport system supports deliveries with Russia, so freight transport becomes diverse.
Tariff incentives after our country signed the Vietnam - Eurasian Economic Union Free Trade Agreement in 2015 also helped Vietnamese agricultural products increase their competitiveness in this market, including Russia.
Ha Diem HSV