In August alone, export turnover was estimated at 5.71 billion USD, down 3% from a year earlier. Despite this decline, the overall eight-month performance remained positive, with most product groups posting growth.
Agricultural products contributed the largest share with 24.42 billion USD in eight months, a rise of 13.8%. Livestock products brought in 410.7 million USD, up 24.5%, while aquatic exports were valued at 7.03 billion USD, an increase of 11.5%. Forestry products earned 11.9 billion USD, up 6.6% against the same period of 2024.
Asia remained the biggest regional buyer, accounting for 43.1% of Viet Nam’s agro-forestry-aquatic shipments. It was followed by the Americas with 23.2% and Europe with 14.6%. Africa and Oceania represented smaller shares at 3.1% and 1.3%, respectively.
Compared to the same period last year, the export value to Europe rose sharply by 38.7%, while shipments to the Americas grew 10.6% and to Asia 1.2%. Exports to Africa doubled, and those to Oceania expanded 2.8%.
The US, China, and Japan were Viet Nam’s largest individual markets, respectively making up 20.9%, 19%, and 7.1% of the total. Shipments to the US increased 8.1%, to China 2.6%, and to Japan 19.8%.
Coffee led growth among all commodities. In the first eight months, coffee exports reached 1.2 million tonnes worth 6.42 billion USD, up 8.7% in volume and 59.1% in value. Average export price surged 46.4% year-on-year to 5,580 USD per tonne.
Rubber exports totalled 1.1 million tonnes worth 1.94 billion USD, with volume slipping 1.2% and value rising 10.2% thanks to higher prices. Cashew exports also benefited from price gains, raking in 3.24 billion USD, up 16.4% despite a 1.2% decline in volume. Pepper shipments generated 1.12 billion USD, up 26.9% even though volumes dropped nearly 10%.
In contrast, the rice export volume went up 2.2%, but value fell 17.5% due to a 19.3% drop in average price to 504.9 USD per tonne.
Tea exports continued to struggle, with volume down 7.9% to 86,600 tonnes and value down 11% to 144.7 million USD during the eight months.
Fruit and vegetable exports stood at 4.62 billion USD, down 2.2% year-on-year. The decline was largely attributed to a 15.1% fall in shipments to China, which accounts for more than half of Viet Nam’s total fruit and vegetable exports, statistics show.