Breaking down the figures, agricultural products accounted for 15.29 billion USD, up 16.3% while livestock products totalled 217.2 milion USD, an 11.7% increase.
According to data from the Ministry of Agriculture and Environment, agro-forestry-fishery export turnover in March alone was estimated at 6.14 billion USD.
Vietnam saw a year-on-year increase of 4.8% in livestock product export turnover to 113 million USD in the first quarter, according the Ministry of Agriculture and Rural Development (MARD).
Vietnam expects its agricultural export value to China to increase sharply this year, as China agreed to review regulations permitting official exports of poultry meat from Vietnam to this market.
Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development (MARD).
Vietnam's total import turnover of livestock products in the first six months of 2021 is estimated at 1.82 billion USD, a year-on-year increase of 8.9 percent.
Export of livestock products was a standout while shipments of key farming products dropped further last year, according to the Agro Processing and Market Development Authority.
Due to the poor competitiveness of livestock products, Vietnam’s breeding industry will be significantly impacted by the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to experts.
Deputy Minister of Agriculture and Rural Development Vu Van Tam had a working session in Hanoi on September 28 with the Dutch company Jan Zandbergen, and some partners exporting livestock products to the EU.
Although Vietnam’s livestock industry is thriving, its export potential has yet to be tapped. Most of the country’s livestock products only serve domestic markets.
Measures to boost the export of livestock products were discussed at a workshop held in Hanoi on June 7 by the Ministry of Agriculture and Rural Development (MARD).