Vietnam’s exports of several items in 2019
Thursday, January 23,2020AsemconnectVietnam - The followings are the statistics figures of exports of several items of Vietnam in 2019
Most items saw growth in export revenue as comparison with the previous year.
Vietnam’s exports of rice saw year – on – year growth
Rice exports from Vietnam, the world's third-largest shipper of the grain, rose 4.2% in 2019 from a year earlier to 6.4 million tons, customs data showed on Monday.
However, revenue from rice exports last year dropped 8.3% to $2.8 billion, the Customs Department said in a statement.
West Africa, the Philippines and Malaysia were among the largest buyers by volume of Vietnamese rice, it added.
In December, Vietnam's exports increased 36.7% from the previous month to around 500,000 tons, worth $228 million.
The government's General Statistics Office late last month forecast 2019 rice exports at $6.259 million tons, and December exports at 390,000 tons.
Coffee exports fell year – on – year in 2019
Vietnam, the world's top robusta producer, exported 188,246 tonnes, or 3.14 million 60-kg bags, of coffee in December, up 66.8% from November, customs data showed on Monday.
Actual coffee exports in December were higher than the government's estimate of 150,000 tons.
For 2019, Vietnam exported 1.653 million tons of coffee, down 11.9% from a year earlier, Vietnam Customs said in a statement.
Coffee export revenue in 2019 dived 19.3% to around $2.85 billion, it said.
Exports of cashew nuts in 2019 and expectation for 2020
Amid fluctuations taking place in the global cashew market, the Vietnam Cashew Association (Vinacas) is to focus on improving the quality of Vietnamese cashew nuts for exports whilst also increasing the efficiency of processing over the coming year.
The association said that 2019 had been a successful year for the country’s cashew industry, with cashew exports and raw cashew imports reaching 450,000 tonnes and 1.5 million tonnes respectively, exceeding set targets in the process.
It is expected that during the first six months of 2020, the price of raw and processed cashew nuts will fluctuate as a result of complicated developments occurring within the global economy, apart from ongoing trade tensions between the United States and China, as well as between the US and India.
Moreover, African countries such as the Ivory Coast and Mozambique have recently devised new policies aimed at tightening imports of raw cashew nuts.
At present, India is the largest consumer of cashew nuts globally with a population of approximately 1.3 billion people. The South Asian country is therefore applying tax policies aimed at limiting the quantity of cashew nuts imported, mainly from Vietnam.
Vinacas stated that they will continue to renovate machinery and equipment in a bid to increase processing capacity and efficiency, while simultaneously co-operating with cashew associations of various countries in order to produce and trade both processed cashew nuts and raw cashew nuts.
Furthermore, Vinacas also advised domestic enterprises to map out strategies aimed at boosting production, whilst adjusting their 2020 plans in accordance with market supply and demand.
Moreover, local firms should seek to enhance information exchanges with major businesses as a means of devising detailed plans to import raw cashew and supply processed cashew to the market.
Vietnam’s seafood exports increased in 2019
Vietnam’s seafood export value reached 3.2 billion USD last year, a 8-percent increase from a year earlier, the highest rate ever, according to the Vietnam Association of Seafood Exporters and Producers.
Vietnam’s seafood export value reached 3.2 billion USD last year, a 8-percent increase from a year earlier, the highest rate ever, according to the Vietnam Association of Seafood Exporters and Producers.
In 2019, Vietnam exported 8.6 billion USD worth of aquatic products, down 2.3 percent from the previous year.
Tuna contributed 728 million USD to the total exports, or 8.5 percent, a year-on-year increase of 12 percent while exports of other saltwater fish species reached 1.65 billion USD, representing 19.4 percent of the total exports and a surge of 15.8 percent year on year.
The US, EU and ASEAN remained the largest buyers of Vietnamese tuna, importing 71 percent of the total last year, compared to 67 percent in 2018. The US topped the markets with 46 percent.
Exports of seafood and fishery products to the EU plunged further in 2019, at about 11.5 percent, with tuna and octopus experiencing the biggest contraction, 11 percent and 20 percent, respectively.
From being the second largest importer of Vietnam’s aquatic products, the EU fell to fifth, after the US, Japan, the Republic of Korea, and China, as a consequence of the EU’s yellow card.
Exports of cement, clinker exports in 2019
Vietnam exported about 34 million tonnes of cement and clinker worth more than 1.39 billion USD in 2019, up over 148 million USD as compared to the previous year.
Vietnam exported about 34 million tonnes of cement and clinker worth more than 1.39 billion USD in 2019, up over 148 million USD as compared to the previous year.
This is the second consecutive year the cement sector has set the record, maintaining its position in the one-billion USD export club, according to the Export-Import Agency under the Ministry of Industry and Trade.
About 98-99 million tonnes of cement and clinker were sold in the year, of which 67 million tonnes were consumed domestically.
The Vietnam National Cement Association estimated that the demand for cement will rise from 4-5 percent in 2020 to reach about 101-103 million tonnes.
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Source: VITIC/Vietnamplus.vn/Reuters.com/VOV
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