In the first quarter of 2025, agricultural, forestry and fishery exports reached 15.72 billion USD
Thursday, March 27,2025
AsemconnectVietnam - According to Ministry of Agriculture and Environment, in the first quarter of 2025, agricultural, forestry and fishery exports earned 15.72 billion USD, of which many product groups recorded double-digit growth.
According to report of Ministry of Agriculture and Environment, Vietnam's agricultural, forestry and fishery export turnover in March 2025 is estimated at 6.14 billion USD, bringing total agricultural, forestry and fishery export turnover in the first 3 months of 2025 to 15.72 billion USD, up 13.1% over the same period in 2024.
In particular, export value of agricultural products reached 8.53 billion USD, up 12.2%; export value of livestock products reached 131.3 million USD, up 18.5%; Export value of aquatic products reached 2.29 billion USD, up 18.1%; export value of forestry products reached 4.21 billion USD, up 11.2%; export value of production inputs reached 549.5 million USD, up 19.6%; export value of salt reached 2.3 million USD, up 2.4 times.
By region, Asia is the largest export market for Vietnam's agricultural, forestry and fishery products with a market share of 42%. Next two largest markets are Americas and Europe with market shares of 22.5% and 16.6%, respectively. Compared to the same period last year, estimated export value of Vietnam's agricultural, forestry and fishery products in the first 3 months of 2025 to Asia increased by 2%; the US increased by 15.7%; Europe increased by 37.8%; Africa increased by 2.1 times; and Oceania increased by 0.8%.
In terms of detailed markets, the United States with a market share of 20.2%, China with a market share of 17.3% and Japan with a market share of 7.7%, are the three largest export markets for agricultural, forestry and fishery products of Vietnam. Compared to the same period last year, estimated export value of agricultural, forestry and fishery products of Vietnam in the first 3 months of 2025 to the US market increased by 13.5%, China increased by 3.6% and Japan increased by 26%.
Also according to Ministry of Agriculture and Environment, trade balance of agricultural, forestry and fishery sector in the first 3 months of 2025 is estimated to reach a surplus of 4.4 billion USD, an increase of 13.1% over the same period last year. In terms of product groups, forestry, fishery and agricultural products are three groups of products with a trade balance in the first 3 months of 2025 in a surplus state.
Specifically, forestry group is estimated to have a surplus of 3.54 billion USD, up 9.1% over the same period in 2024; aquatic products group has a surplus of 1.51 billion USD, up 14.1% and agricultural products group has a surplus of 1.48 billion USD, up 16.9%.
Meanwhile, trade balance of the remaining 3 groups of goods is in deficit. Specifically, production input group has a deficit of 1.21 billion USD, down 4.7%; livestock products have a deficit of 905.7 million USD, up 37% and salt has a deficit of 4.6 million USD, down 2.5%.
By specific goods, 5 goods with the highest estimated trade surplus in the first 3 months of 2025 include: Wood and wood products have a surplus of 3.29 billion USD, up 9.3% over the same period last year; coffee has a surplus of 2.79 billion USD, up 48.3%; shrimp surplus of 792.6 million USD, up 36%; fruit and vegetable surplus of 541.3 million USD, down 31.4%; rice surplus of 454.7 million USD, down 49.5%.
Source: Vitic/ congthuong.vn
In particular, export value of agricultural products reached 8.53 billion USD, up 12.2%; export value of livestock products reached 131.3 million USD, up 18.5%; Export value of aquatic products reached 2.29 billion USD, up 18.1%; export value of forestry products reached 4.21 billion USD, up 11.2%; export value of production inputs reached 549.5 million USD, up 19.6%; export value of salt reached 2.3 million USD, up 2.4 times.
By region, Asia is the largest export market for Vietnam's agricultural, forestry and fishery products with a market share of 42%. Next two largest markets are Americas and Europe with market shares of 22.5% and 16.6%, respectively. Compared to the same period last year, estimated export value of Vietnam's agricultural, forestry and fishery products in the first 3 months of 2025 to Asia increased by 2%; the US increased by 15.7%; Europe increased by 37.8%; Africa increased by 2.1 times; and Oceania increased by 0.8%.
In terms of detailed markets, the United States with a market share of 20.2%, China with a market share of 17.3% and Japan with a market share of 7.7%, are the three largest export markets for agricultural, forestry and fishery products of Vietnam. Compared to the same period last year, estimated export value of agricultural, forestry and fishery products of Vietnam in the first 3 months of 2025 to the US market increased by 13.5%, China increased by 3.6% and Japan increased by 26%.
Also according to Ministry of Agriculture and Environment, trade balance of agricultural, forestry and fishery sector in the first 3 months of 2025 is estimated to reach a surplus of 4.4 billion USD, an increase of 13.1% over the same period last year. In terms of product groups, forestry, fishery and agricultural products are three groups of products with a trade balance in the first 3 months of 2025 in a surplus state.
Specifically, forestry group is estimated to have a surplus of 3.54 billion USD, up 9.1% over the same period in 2024; aquatic products group has a surplus of 1.51 billion USD, up 14.1% and agricultural products group has a surplus of 1.48 billion USD, up 16.9%.
Meanwhile, trade balance of the remaining 3 groups of goods is in deficit. Specifically, production input group has a deficit of 1.21 billion USD, down 4.7%; livestock products have a deficit of 905.7 million USD, up 37% and salt has a deficit of 4.6 million USD, down 2.5%.
By specific goods, 5 goods with the highest estimated trade surplus in the first 3 months of 2025 include: Wood and wood products have a surplus of 3.29 billion USD, up 9.3% over the same period last year; coffee has a surplus of 2.79 billion USD, up 48.3%; shrimp surplus of 792.6 million USD, up 36%; fruit and vegetable surplus of 541.3 million USD, down 31.4%; rice surplus of 454.7 million USD, down 49.5%.
Source: Vitic/ congthuong.vn
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