Vietnam works to foster farm produce exports to US
Batches of agro-forestry-aquatic products of Vietnam have been shipped to the US in the first two months, offering chances for the country to accelerate exports to a major but challenging market of the world.
Hanoi (VNA) – Batches of agro-forestry-aquatic products of Vietnam have beenshipped to the US in the first two months, offering chances for the country to accelerate🌳 exports to a major but challenging market of the world.
PacificFoods company recently exported 16 tonnes of agricultural products and foodstuff, including fish sauce andinstant coffee, to the US, and the shipments are set to arrive on April 10. Thisis the first time that the company has exported products to the stringentmarket. Next month,the company is to ship another batch weighing 28 tonnes of farm produce andspices to the US. Statistics ofthe Ministry of Agriculture and Rural Development showed that the US surpassedChina to become the largest agro-forestry-aquatic product export market of Vietnam inthe first two months of 2022, with turnover of more than 2.3 billion USD. Last year,Vietnam’s agricultural sector earned 48.6 billion USD from exports, withshipments to the US worth nearly 12 billion USD, making up 27.5 percent. To helpVietnam’s farm produce conquer demanding markets, firms are advised to ensureno chemical residue in the items, and fully understand requirements ofimporters. Bui Huy Sonfrom the Vietnam Trade Office in the US underlined that Vietnam’s agriculturalproducts have ample room to enter the US, but enterprises need to commit to ensuring theconsistent quality to secure a firm foothold in the market. Some staplesof Vietnam that the US side has high demand for include vegetables, fruits,coffee, peppercorn, rubber and cashew nuts. Once technical barriers are met, exportsto the US are bound to rise in the coming time./.
The EU is an important, traditional and potential partner of Vietnamese agricultural products, especially when the EU-Vietnam Free Trade Agreement (EVFTA) comes into effect, creating a great opportunity to boost agro-forestry-fishery trade, stated Minister of Agriculture and Rural Development Le Minh Hoan.
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