Agriculture & Food

According to customs data, in the first 11 months of 2022, Vietnam's trade surplus reached nearly 11 billion dollars. Among them, the trade surplus of agricultural, forestry and aquatic products reached 7.82 billion US dollars.

According to the previous forecast of Vietnam's Ministry of Industry and Trade, Vietnam's trade surplus in 2022 will be about 1 billion dollars. However, Vietnam's trade surplus in the first 11 months of this year has reached US $10.6 billion, an increase of US $10 billion year-on-year.

According to customs data, Vietnam's total import and export of agricultural, forestry and aquatic products in the first 11 months reached 90.26 billion US dollars. According to customs data, the export volume was about 49.04 billion US dollars, up 11.8% year on year; The import volume reached 41.22 billion US dollars. According to customs data, the trade surplus of agricultural, forestry and aquatic products reached 7.82 billion US dollars, up 47.8% year on year.

According to customs data, in the first 11 months, some agricultural, forestry and aquatic products with high export value included: coffee, with export value exceeding 3.5 billion US dollars, up 31.5% year on year; Rice exports exceeded 3.2 billion US dollars, up 6.9% year on year; The export volume of cassava and its products exceeded 1.2 billion US dollars, with a year-on-year growth of 16.4%; The export volume of inspected fish reached 2.2 billion US dollars, up 61.9% year on year; Shrimp exports reached 4.1 billion US dollars, up 14.6% year on year; The export of wood and wood products reached 14.6 billion US dollars, up 9% year on year.

The Ministry of Industry and Trade of Vietnam estimates that the import and export volume of goods in Vietnam will reach 740 billion US dollars to 750 billion US dollars in 2022.