Outstanding achievements in agriculture in 2022

Jan 4th at 13:33
04-01-2023 13:33:30+07:00

Outstanding achievements in agriculture in 2022

Despite the impact of the pandemic and much political unrest, the agricultural sector secured significant achievements in 2022.

 

In 2022, Vietnam's agriculture, forestry, and fishing sector reported an increase of 3.36 per cent in GDP. The total export turnover of agriculture, forestry, and aquaculture reached $53.32 billion, up 9.3 per cent on-year. The trade surplus for the whole year was $8.5 billion, according to the Ministry of Agriculture and Rural Development (MARD) at a press conference on December 30.

The grain yield in 2022 stood at 47.1 million tonnes; 42.7 million tonnes of which was rice, enough to meet the domestic demand, along with animal feed production and export (7.2 million tonnes).

The total live meat weight touched 7.05 million tonnes. A total of 474,300 tonnes was beef, 4.42 million tonnes pork, and chicken was 2.03 million. The total capacity of eggs was 18.3 billion, up 4.4 per cent. Finally, the total aquaculture capacity reached 9.03 million tonnes, up 2,7 per cent on-year.

Nguyen Van Viet, director of the Planning Department under the MARD said, “The agricultural sector has succeeded in expanding its export markets. The industry resolved commercial barriers to take the export turnover to a new record.”

The total export turnover saw a new record of $53.32 billion, up 9.3 per cent on-year. The agricultural products that achieved an export turnover of $3 billion included timber and wood products ($10.92 billion), shrimp ($4.43 billion), coffee ($3.94 billion), rice ($3.49 billion), rubber ($3.31 billion), fruits and vegetable ($3.34 billion), and cashew nuts ($3.07 billion).

Many of Vietnam's agricultural products have gained access to new markets. For example, durian, sweet potato, and bird's nests have secured permits to ship to China, and pomelo can now be exported to the United States, longan to Japan, and lemon and pomelo to New Zealand.

“As of the end of 2022, the agricultural industry built 2,510 safe supply chain models for agriculture, forestry, and aquaculture, up by 866 compared to 2021, which attracted the participation of over 300 enterprises, 150 cooperatives, and a number of large groups namely Dabaco, Ba Huan, and Saigon Co.op,” Viet said. “In 2023, it is predicted that the global economy will face many challenges, including the pressure caused by inflation, a sharp increase in production costs, the negative impacts of climate change, changes in demand, and new consumption patterns, especially due to the conflict between Russia and Ukraine. However, the agricultural sector is still set to grow next year.”

vir



NEWS SAME CATEGORY

Vinatex has flat revenue targets for 2023

Due to the anticipated market downturn, Vinatex predicts flat revenue and profit of just 86 per cent in 2023 compared to 2022.

Viet Nam expects more markets to open to farm produce in 2023

In 2023, the agricultural sector will promote negotiation to open more foreign markets for local farming commodities, said Hoang Trung, director of the Plant...

Vietnam targets textile-garment export growth

Free trade agreements (FTAs), especially new-generation ones, are expected to help Vietnam reach a textile and garment export value of US$45-47 billion in 2023.

Business integrity passport to global supply chains

Experts are urging Vietnamese firms to incorporate integrity principles into their corporate governance since they believe business integrity would be the passport...

Garment exports expected at more than $45 billion in 2023: association

The Vietnam Textile and Apparel Association (VITAS) forecast garment exports to reach more than USS$45 billion in 2023, higher than this year value of $44 billion...

Hanoi sets to welcome 3 million int’l tourists in 2023

Hanoi's tourism industry will continue to roll out initiatives to maintain its role as a tourist hub of the country and build the city's image as a safe and...

Spillover effects of supply chains on future growth

The trend of supply chains shifting from China to Vietnam in the past several years is confirmed to continue and if there are no crises in Asia-Pacific, this trend...

Vietnamese EU exports benefit from trade deal

Vietnamese exports to the EU in 2022 are expected to touch nearly $48 billion thanks to the strong driving force of the EU-Vietnam Free Trade Agreement (EVFTA).

Some sectors to benefit, some to suffer from China’s reopening

China has officially announced the easing of COVID-19 prevention measures which have been imposed for three years. This is expected to kickstart the country's...

Expanded trade opportunities with US

US companies are seeking new suppliers to minimize risks in supply chains, creating more opportunities for Vietnamese businesses in the post-pandemic era. However...


MOST READ


Back To Top