AsemconnectVietnam - Vietnam’s exports of rice, coffee and cashew nuts saw year – on – year growth in the first eight months of this year, showed the statistics figures of the General Department of Customs.

The coffee exports increased sharply by nearly 30 per cent compared with the same period last year.
Rice exports totaled US$2.29 billion in first eight months
Vietnam exported 4.53 million tons of rice worth of US$ 2.29 billion in the first eight months of this year, increased by 10.5 per cent in quantity and 26.5 per cent in value over the same period last year, showed the preliminary statistics figures of the General Department of Customs.

In August only, the country’s exports of rice increased sharply by 36.5 per cent in quantity and 33.8 per cent in value over the previous month to 606,500 tons worth of $296.66 million, down by 7.8 per cent in quantity but up by 3.8 per cent in value over the same month of last year.

The average rice export price reached $489.1 per ton in August and $504.4 per ton in the first eight months of this year, up by 14.6 per cent year – on – year.
China was the country’s leading rice export market in the first eight months of this year with 1.02 million tons worth of $529.88 million, down by 34.9 per cent in quantity and 24.4 per cent in value over the same period last year.

The exports of rice to Indonesia increased by 50.2 times in quantity and 67.1 times in value over the same period last year to 770,812 tons worth of $361.88 million. Indonesia ranked second in the list of the country’s leading rice export markets.

The Philippines ranked third with 610,101 tons worth of $280 million, up by 44.7 per cent in quantity and 67.4 per cent in value year – on – year.
It was followed by Malaysia with 396,446 tons worth of $179.73 million, up by 8.4 per cent in quantity and 26.9 per cent in value year – on – year.

In the first eight months of this year, Vietnam’s exports of rice to Turkey rocketed by 449 per cent in quantity and 527.8 per cent in value to 4,547 tons worth of $2.61 million; to Poland – up by 204.6 per cent in quantity and 248 per cent in value to 1,992 tons worth of $1.16 million; to Iraq – up by 164.6 per cent in quantity and 204.7 per cent in value to 180,000 tons worth of $102.81 million; to France – up by 254.3 per cent in quantity and 182.7 per cent in value to 751 tons worth of $558,224.

However, the exports of rice to Senegal decreased sharply by 99.6 per cent in quantity and 99.3 per cent in value to 93 tons worth of $56,953; to Brunei – down by 95.2 per cent in quantity and 94.7 per cent in value; to Chile – down by 94 per cent in quantity and 88.2 per cent in value; to Bangladesh – down by 91.2 per cent, both in quantity and in value; and to Ukraine – down by 81 per cent in quantity and 73.9 per cent in value.

Coffee exports increased sharply in eight months
Vietnam exported 1.33 million tons of coffee worth of over US$2.54 billion in the first eight months of this year, increased by 29.5 per cent in quantity and 8.6 per cent in value over the same period last year, showed the preliminary statistics figures of the General Department of Customs.

In August only, the country’s coffee exports increased by 15.4 per cent in quantity and 13 per cent in value over the previous month to 153,300 tons worth of $282.17 million. The figure was up by 61.3 per cent in quantity and 27 per cent in value over the same month of last year.

EU was the biggest coffee export market of Vietnam in the first eight months of this year with 514,042 tons worth of $944.16 million, accounted for 38.8 per cent of the total quantity and 37.2 per cent of the total value, up by 15 per cent in quantity but down by 4.3 per cent in value over the same months of 2017.

Of the figure, the exports of coffee to Germany reached 177,049 tons worth of $319.31 million, up by 12.3 per cent tin quantity but down by 7.3 per cent in value over the same period last year; to Italy – 97,690 tons worth of $180.32 million, up by 9.2 per cent in quantity but down by 8.7 per cent in value; to Spain – 84,645 tons worth of $154.39 million, up by 19.6 per cent in quantity but down by 0.3 per cent in value year – on – year.

The country’s exports of coffee to the South East Asian countries in the first eight months of this year rocketed by 140.4 per cent in quantity and 101 per cent in value over the same period last year to 185,769 tons worth of $358 million.

Meanwhile, the exports of coffee to the U.S reached 130,230 tons worth of $247.65 million, down by 6.7 per cent in quantity and 21.8 per cent in value.
The exports of coffee to Japan in the first eight months of this year totaled 74,776 tons worth of $149.32 million, up by 15.1 per cent in quantity but down by 2.9 per cent in value; to Russia – 61,919 tons worth of $130.69 million, up by 106.5 per cent in quantity and 66.6 per cent in value.

Especially, the exports of coffee to Indonesia rocketed by 993 per cent in quantity and 700 per cent in value to 59,613 tons worth of $117.39 million; to South Africa – up by 363.9 per cent in quantity and 286.5 per cent in value to 7,423 tons worth of $13.1 million; to Greece – up by 150.9 per cent in quantity and 103.3 per cent in value to 8,907 tons worth of $15.99 million; to Cambodia – up by 25.9 per cent in quantity and 112.6 per cent in value to 258 tons worth of $1.88 million.

However, the exports of coffee to Singapore fell by 34 per cent in quantity and 49 per cent in value; to Switzerland – down by 42.2 per cent in quantity and 47.4 per cent in value; and to Mexico – down by 13.3 per cent in quantity and 28.8 per cent in value.

Exports of cashew nuts increased, both in quantity and in value
Vietnam exported 242,789 tons of cashew nuts worth of US$2.28 billion in the first eight months of this year, increased by 7.8 per cent in quantity and 2.5 per cent in value over the same period last year, showed the statistics figures of the General Department of Customs.

In August only, the country exported 34,922 tons of cashew nuts worth of $297.68 million, up by 6.7 per cent in quantity and 3.9 per cent in value over the previous month. The figure was down by 6.8 per cent in quantity and 21.6 per cent in value over the same month of 2017.
The average cashew export price reached $8,524.2 per ton in August and $9,402.4 per ton in the first eight months of this year.

The U.S was the country’s biggest cashew exports market in the first eight months of this year with 93,573 tons worth of $883.16 million, accounted for 39 per cent of the total and increased by 8.4 per cent over the same period last year.

The EU ranked second with 58,543 tons worth of $562.85 million, down by 4.5 per cent in quantity and 7.5 per cent in value; and then the Netherlands – $278.77 million, down by 21.2 per cent; Canada - $74.71 million, up by 15.4 per cent; and Germany - $73.01 million, up by 14.5 per cent.

The exports of cashew nuts to China reached 26,352 tons worth of $242.45 million, up by 1.1 per cent in quantity but down by 4.1 per cent in value year – on – year.

In the first eight months of this year, the country’s exports of cashew nuts to Ukraine increased sharply by 137.6 per cent in quantity and 143.3 per cent in value over the same period last year to 392 tons worth of $3.59 million; to the Philippines – up by 65.4 per cent in quantity and 80.8 per cent in value to 1,151 tons worth of $10.26 million; to Greece – up by 79 per cent in quantity and 64 per cent in value to 469 tons worth of $4.45 million; to Italy – up by 41 per cent in quantity and 45 per cent in value; to Belgium – up by 50 per cent in quantity and 41.7 per cent in value.

However, the exports of cashew nuts to Pakistan decreased sharply by 95 per cent, both in quantity and in value year – on – year to 14 tons worth of $0.13 million; to Singapore – down by over 32 per cent, both in quantity and in value; and to the Netherlands – down by 20 per cent, both in quantity and in value over the same period last year.
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Source: VITIC