Agricultural, Forestry and Fishery Exports Officially Exceed 2024 Targets

According to the latest report from the Ministry of Agriculture and Rural Development, agricultural export services in the first 11 months of 2024 achieved impressive results with total turnover reaching $56.74 billion, up 19% compared to 2023. This result not only surpasses the set target but also aims towards a new milestone of $60 billion, posing significant challenges for forwarder companies and container shipping services. #Vietnam Freight forwarder #international shipping companies #freight and logistics companies

Rice export volume and value in 11 months reached nearly 8.5 million tons worth $5.31 billion 

Notably, the maritime shipping industry has played a crucial role in exporting 8.5 million tons of rice, valued at $5.31 billion over 11 months. The Philippines leads with 46.1% market share, followed by Indonesia and Malaysia, requiring international shipping service providers to continuously improve their capabilities. #Vietnam Freight forwarder 

Entrusted export operations and import services also recorded positive results with the agricultural, forestry, and fishery trade balance reaching a surplus of $16.46 billion, up 52.8%. Logistics transportation units have successfully supported the export of seven key commodities with surpluses exceeding $1 billion each. #Vietnam Freight forwarder 

The fruit and vegetable market continues to show strong growth with turnover of $6.66 billion, up 28.2%, with China accounting for 66.5% market share. This growth sets high requirements for professional export services and import entrustment, especially in ensuring product quality. #Vietnam Freight forwarder #international shipping companies #freight and logistics companies

The coffee sector also achieved impressive results with 1.2 million tons, valued at $4.84 billion. Despite a decrease in volume, value increased by 32.8%, demonstrating the important role of logistics services in cost optimization and transportation efficiency. #Vietnam Freight forwarder #international shipping companies #freight and logistics companies

With this growth trend, forwarder companies and international shipping service providers need to continue investing in capacity building, especially in container shipping and cold chain logistics, to meet the growing demands of the agricultural export market. #Vietnam Freight forwarder #international shipping companies #freight and logistics companies