Thailand’s rice exports in the first six months of this year surged 56.6% to 3.5 million tonnes, bringing in 60.93 billion THB (about 1.7 billion USD) in revenue, or 42.9% more year on year.
Enterprises in the fisheries sector are facing an export slowdown after strong shipments in the first months of 2022, which may subsequently affect their growth in the time ahead.
The Thai economy is still expected to grow 2.75% to 3.5% this year, helped by increased exports, more tourists, and government support, but faces rising inflationary pressures, the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) has said.
Vietnam’s agro-forestry-fishery exports were estimated to hit 32.3 billion USD in the first seven months of 2022, up 12.2% against the same period last year. Four commodities with export value exceeding 2 billion USD included coffee, rice, shrimp and wooden products.
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Since the outbreak of the COVID-19 pandemic, the delay in customs clearance of Vietnamese goods exported to Australia, especially at the quarantine stage, has become serious, mainly in the two states of New South Wales and Victoria.
Vietnam exported nearly 4.2 million tonnes of rice in the first seven months of 2022, up 20.5% year-on-year, according to the Ministry of Agriculture and Rural Development.
A webinar was held on August 4 to update Vietnamese exporters on the UK Conformity Assessed (UKCA) mark, which is mandatory for most of industrial products circulated and used in the UK from next year.
Vietnam expects to earn 45.7 billion USD from garment-textile exports this year amid good results recorded since the beginning of this year and positive market developments.
Vietnam raked in 350 million USD from tuna exports to France in the first seven months of 2022, representing a year-o-year surge of 203%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Thailand exported over 1 million tonnes of fruit valued at 92 billion THB to China during the first half of this year, according to Thai government spokesman Thanakorn Wangboonkongchana.
The value of aquatic exports in July fell below 1 billion USD for the first time since the beginning of 2022, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
After two years of enforcement, the EU - Vietnam Free Trade Agreement (EVFTA) has generated initial results, but rising inflation in the EU and the euro depreciation are affecting Vietnamese firms, requiring urgent solutions to those difficulties.
The demand for tuna in foreign markets amid the strong rise in prices of other foodstuff is predicted to lead to a surge in tuna export volume and value of Vietnam, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Malaysia’s foreign trade rose nearly 25% in 2021 to hit the 2 trillion RM (nearly 450 billion USD) mark for the first time after recording negative growth for two consecutive years, said the Department of Statistics Malaysia (DoSM).
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has created a strong impulse for export and import, but there remain certain obstacles to the shipments of Vietnamese goods to the deal’s American member markets, heard a seminar held in Hanoi on July 28.
As cashew exports in the first half of 2022 fell by 9.2% against the same period last year, the Vietnam Cashew Association (VCA) has to adjust down its annual export target to 3.2 billion USD.