Vietnamese agricultural, forestry, and fishery products are now exported to over 200 countries and territories, with a total value of $53.5 billion in 2023.
Despite global challenges such as regional conflicts and rising input costs, the sector maintained its momentum in 2024. In the first 10 months alone, export value reached $51.74 billion, driven by agricultural restructuring, market diversification, and new trade protocols with China. We expect export value to surpass $62 billion by the end of this year, setting a new record for the sector. This growth is attributed to the country's diverse range of agricultural products, especially fruits, vegetables and spices, alongside its stable economic growth and participation in multiple free trade agreements.
This story is from the December 04, 2024 edition of The Statesman.
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This story is from the December 04, 2024 edition of The Statesman.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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