AsemconnectVietnam - In the first 11 months of 2023, Vietnam's fruit and vegetable export value was estimated to reach 5.3 billion USD, an increase of 74.5% over the same period of 2022.

Also in the first 11 months of 2023, Vietnam's coffee exports were estimated to reach approximately 1.38 million tonnes, worth 3.54 billion USD, down by 12.9% in volume and 2.5% in value compared to same period last year.
Meanwhile, cashew exports earned 3.31 billion USD, up by 23.1% in volume and 17.4% in value over the same period last year.
Rubber exports reached about 1.87 million tonnes, worth of 2.51 billion USD, down by 0.2% in volume.
Fruit and vegetable exports in November and the first 11 months of 2023
Vietnam’s fruit and vegetable exports in November of 2023 reached 500 million USD, down by 17.9% compared to October of 2023 and up by 65.2% compared to November of 2022.
The Import-Export Department (under the Ministry of Industry and Trade) estimates that fruit and vegetable exports in November of 2023 reached 500 million USD, down by 17.9% compared to October of 2023 and up by 65.2% compared to November of 2022.
In November of 2023, fruit and vegetable exports decreased by 17.9% compared to the previous month.
Overall, in the first 11 months of 2023, the export value of fruits and vegetables was estimated to reach 5.3 billion USD, an increase of 74.5% over the same period of 2022.
In the structure of exported fruit and vegetable products in the first 10 months of 2023, fruits of all kinds contribute greatly to the growth rate. Among them, durian, jackfruit, and mango were the fruits with significant growth rates.
Leading the export value was durian, reaching 2.07 billion USD, an increase of 606.3%; jackfruit reached 168.6 million USD, an increase of 35.5%; mango reached 154 million USD, an increase of 41.4% over the same period of 2022. Meanwhile, dragon fruit and banana fruit tend to decrease in the first 10 months of 2023.
The next was the processed products group, reaching 996.5 million USD, an increase of 18% over the same period of 2022. In particular, the export value of many processed fruit and vegetable products recorded positive growth, including products made from passion fruit, pistachios, mango, and almonds.
Meanwhile, the export value of some processed products recorded a decrease, such as products made from coconut, pineapple, sesame seeds, sweet potatoes, etc.
In the first 10 months of 2023, the export value of the vegetable group reached 233.5 million USD, an increase of 4.9% over the same period last year. In particular, the export value of many types of vegetables and tubers increased, including: peppers, cauliflower, carrots, mushrooms, and Chinese cabbage.
On the contrary, the export value of some types of vegetables and tubers decreased, such as sweet potatoes, corn, etc.
In general, in the structure of exported fruit and vegetable products, the fruit group was still concentrated mainly in fresh and frozen form, so in the short term, Vietnam's fruits may not increase the value of the product.
For the intensive processing group, Vietnam has exploited many products well, but some products processed from coconut, pineapple, dragon fruit, custard apple, etc. have not yet been exploited well.
Coffee exports in November and the first 11 months of 2023
In the first 11 months of 2023, Vietnam's coffee exports were estimated to reach approximately 1.38 million tonnes, worth of 3.54 billion USD, decreasing in both volume and value compared to the same period last year.
The Import-Export Department (under the Ministry of Industry and Trade) cited the statistics figures from the General Department of Customs as saying that it is estimated that Vietnam's coffee exports in November of 2023 reached 80,000 tonnes, worth of 252 million USD, an increase of 830% in volume and an increase of 59.9% in value compared to October of 2023, a decrease of 37.9% in volume and a decrease of 17.5% in value compared to November of 2022.
In the first 11 months of 2023, Vietnam's coffee exports were estimated to reach approximately 1.38 million tonnes, worth of 3.54 billion USD, down by 12.9% in volume and 2.5% in value compared to the same period last year.
It is estimated that in November of 2023, Vietnam's average coffee export price reached 3,148 USD/tonne, down by 12.6% compared to November of 2023, but up by 32.8% compared to November of 2022.
Totally in the first 11 months of 2023, Vietnam's average coffee export price was estimated to reach 2,570 USD/tonne, an increase of 11.9% over the same period of 2022.
While Robusta and Arabica coffee exports decreased over the same period in 2022, Excelsa and processed coffee exports increased.
Notably, Vietnam's Robusta coffee exports to most traditional markets decreased, but exports to Mexico, the Netherlands, Indonesia, etc. increased sharply.
With Arabica coffee, Vietnam currently mainly exports Arabica coffee to the markets of Belgium, the United States, Germany, the Netherlands, Japan, and Thailand.
In November of 2023, while Robusta coffee prices in the domestic market decreased, in the world market, Robusta and Arabica coffee prices increased sharply due to concerns about supply shortages.
According to a report by the Foreign Agricultural Service (FAS) under the United States Department of Agriculture (USDA), the supply of Robusta coffee to the global consumer market comes from the main producing countries in Southeast Asia. The possibility of a decrease has prompted funds and speculation to return to the futures market to increase buying, however, the volume is not much due to caution from the issue of monetary interest rates.
In Vietnam, FAS estimates that crop production in 2023/2024 will decrease to 27.8 million bags from an estimated 31.3 million bags in May of 2023 due to unfavorable weather.
Cashew exports in November and the first 11 months of 2023
In the first 11 months of 2023, Vietnam’s cashew exports reached 3.31 billion USD, higher than the figure of 3.05 billion USD that the cashew industry had previously adjusted to reduce export turnover for the whole year of 2023.
The Import-Export Department (under the Ministry of Industry and Trade) cited the data from the General Department of Customs as saying that it is estimated that Vietnam's cashew nut exports in November of 2023 reached 65,000 tonnes, worth of 358 million USD, an increase of 1.1% in volume and up by 0.03% in value compared to October of 2023, up by 34.5% in volume and by 30.7% in value compared to November of 2022.
In the first 11 months of 2023, our country's cashew export was estimated to reach 582,000 tonnes, worth of 3.31 billion USD, up by 23.1% in volume and 17.4% in value compared to the same period last year.
It is estimated that Vietnam's average cashew export price in November of 2023 reached 5,512 USD/tonne, down by 12.6% compared to October of 2023 and down by 2.8% compared to November of 2022.
Totally in the first 11 months of 2023, Vietnam's average cashew export price reached 5,682 USD/tonne, down by 4.7% over the same period last year.
In terms of type structure, Vietnam mainly exports cashew nuts W320, W240, W180, accounting for 63.51% of the total volume and 69.84% of the country's total export turnover. Therefore, the export growth of the above types of cashew nuts has had a positive impact on the entire industry.
Rubber exports in November and the first 11 months of 2023
The average rubber export price in November of 2023 was estimated at 1,370 USD/tonne, up by 1.8% compared to October of 2023 and up by 1% compared to November of 2022.
The Import-Export Department (under the Ministry of Industry and Trade) cited the statistics figures from the General Department of Customs as saying that it is estimated that Vietnam's rubber exports in November of 2023 reached about 250,000 tonnes, worth of 343 million USD, an increase 14.5% in volume and 16.6% increase in value compared to October of 2023; but in comparison to November of 2022, it decreased by 1.4% in volume and by 0.4% in value.
The average rubber export price in November of 2023 was at 1,370 USD/tonne, up by 1.8% compared to October of 2023 and up by 1% compared to November of 2022.
Totally in the first 11 months of 2023, rubber exports reached about 1.87 million tonnes, worth of 2.51 billion USD, down by 0.2% in volume and down by 14.9% in value compared to the same period of 2022.
In the first 11 months of 2023, Vietnam's exported rubber types were mainly mixed natural rubber and synthetic rubber (HS 400280), Latex, SVR 10, SVR 3L, SVR CV60, RSS3, SVR 20.
Among them, the mixture of natural rubber and synthetic rubber (HS 400280) was still the most exported product, accounting for 67.51% in volume and 68.66% in value of total rubber exports of the whole country, with over 1.09 million tonnes, worth of 1.48 billion USD, an increase of 16.4% in volume, but a decrease of 1.9% in value compared to the same period of 2022.
Of which, the exports to the Chinese market accounted for 99.77% in volume and 99.62% in value of the country's total mixture of natural rubber and synthetic rubber.
On the world market, in November of 2023, rubber prices at key Asian exchanges fluctuated in an upward trend in the context of low inventories, raising concerns about tight supply, while the China's efforts to boost its economy and real estate sector have led to optimism about demand among the world's top consumers.
In the domestic market, in November of 2023, raw rubber latex prices across the country decreased compared to the previous month. At rubber companies, latex prices are currently maintained around 270 - 313 VND/TSC.
CK
Source: VITIC/congthuong.vn