Thailand – potential export market of Vietnam’s fruit and vegetables
Tuesday, April 7,2020AsemconnectVietnam - Vietnam imports many products from Thailand, especially agricultural products. However, this is also the largest export market of Vietnam in ASEAN and holds great potential for agricultural products, especially fresh fruits and vegetables.
However, Thailand reduced imports of phones and components in half, making the country’s export turnover of this item to only 109.7 million USD. This is the only group with a turnover of hundred million USD, accounting for the largest market share of 13.25 per cent.
Therefore, there is a need for the country to diversify its sources of raw materials for processing, including from imported sources that Vietnam can take advantage of.
Vietnam’s exports of goods to Thailand in the first 2 months of 2020 – according to the figures of the General Department of Customs – Unit: USD
Item
|
February of 2020
|
Vs. January of 2020 (%)
|
First 2 months of 2020
|
Vs. first 2 months of 2019 (%)
|
Market share (%)
|
Total
|
477,948,516
|
44.82
|
827,754,591
|
-9.1
|
100
|
Phones and accessories
|
71,961,999
|
90.69
|
109,698,941
|
-50.22
|
13.25
|
Computers, electronics and components
|
38,530,380
|
-5.35
|
79,238,488
|
20.12
|
9.57
|
Means of transport and spare parts
|
38,986,123
|
21.44
|
71,082,911
|
14.54
|
8.59
|
Crude oil
|
49,069,020
|
|
68,874,089
|
148.49
|
8.32
|
Machines, equipment and spare parts
|
35,822,428
|
11.39
|
67,999,650
|
7.17
|
8.21
|
Iron and steel of all kinds
|
31,971,090
|
33.21
|
55,966,405
|
17.39
|
6.76
|
Seafood
|
20,487,909
|
6.73
|
39,645,188
|
-10.43
|
4.79
|
Fruit and vegetables
|
21,136,642
|
49.99
|
35,232,267
|
365.83
|
4.26
|
Textiles and garments
|
18,820,578
|
21.33
|
34,318,803
|
13.08
|
4.15
|
Fibers of all kinds
|
11,649,056
|
20.19
|
21,340,930
|
1.26
|
2.58
|
Iron and steel products
|
10,169,294
|
19.32
|
18,692,220
|
-8.66
|
2.26
|
Chemicals
|
15,965,705
|
3069.07
|
16,469,503
|
571.64
|
1.99
|
Footwear of all kinds
|
7,070,566
|
18.39
|
13,042,688
|
11.55
|
1.58
|
Chemical products
|
6,495,248
|
7.09
|
12,560,769
|
9.56
|
1.52
|
Cashew nuts
|
5,923,372
|
-2.81
|
12,017,724
|
26.32
|
1.45
|
Other ordinary metals and products
|
6,267,667
|
9.78
|
11,977,099
|
50.48
|
1.45
|
Plastic products
|
6,368,791
|
19.57
|
11,689,073
|
7.36
|
1.41
|
Paper and products
|
5,255,427
|
20.13
|
9,618,403
|
11.64
|
1.16
|
Plastics
|
5,841,477
|
79.73
|
9,091,687
|
-7.44
|
1.1
|
Electric wires and cables
|
4,154,283
|
-12.34
|
8,891,486
|
-2.21
|
1.07
|
Technical fabrics
|
4,317,627
|
13.19
|
8,132,283
|
52.49
|
0.98
|
Wood and furniture
|
3,288,477
|
-13.29
|
7,049,636
|
35.76
|
0.85
|
Textile, garment, leather and footwear materials
|
3,439,458
|
85.39
|
5,296,516
|
-27.1
|
0.64
|
Ceramic and porcelain products
|
2,303,984
|
0.47
|
4,597,092
|
-4.18
|
0.56
|
Pepper
|
1,785,756
|
24.51
|
3,219,991
|
3.66
|
0.39
|
Rubber products
|
1,431,576
|
-14.26
|
3,101,203
|
49.36
|
0.37
|
Coal of all kinds
|
1,126,400
|
-22.25
|
2,575,220
|
-97.84
|
0.31
|
Coffee
|
1,632,685
|
84.31
|
2,518,522
|
-7.75
|
0.3
|
Confectionery and grain products
|
1,526,060
|
74.93
|
2,399,654
|
3.9
|
0.29
|
Animal feed and materials
|
1,386,933
|
46.77
|
2,331,911
|
-43.64
|
0.28
|
Handbags, wallets, suitcases, hats and umbrellas
|
1,039,075
|
-14.23
|
2,250,476
|
27.09
|
0.27
|
Glass and products
|
765,502
|
129.3
|
1,099,340
|
30.35
|
0.13
|
Ores and other minerals
|
354
|
-99.7
|
472,512
|
503.16
|
0.06
|
Precious stones, metals and products
|
280,469
|
166.37
|
385,762
|
83.32
|
0.05
|
Fertilizer of all kinds
|
264,282
|
185.71
|
356,782
|
-62.82
|
0.04
|
Others
|
41,059,177
|
22.92
|
74,519,369
|
28.37
|
9
|
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