Vietnam Aims to Boost Agricultural Exports to Meet 65 Billion USD Target

Strategic Insights -

The Ministry of Agriculture and Environment's Conference to promote the export of agriculture, forestry, and fishery products in 2025 highlighted the sector's growth potential, with a production value increase of 3.2% in 2024 and a target of 4% or more for 2025. The industry aims to reach a 65 billion USD export turnover, with the goal of boosting the domestic market and reducing imports.

Key Takeaways:

  • Vietnam's agricultural sector has shown a growth rate of 3.2% in 2024, with a target of 4% or more for 2025.
  • The export of agriculture, forestry, and fishery products to the EU has immense potential, but Vietnam's proportion of processing goods and added value is low.
  • The industry needs to develop EU-standard material areas, build disease-free production areas, and strengthen national branding and product branding.
  • Vietnam's trade with China is significant, with 210-230 billion USD worth of agricultural products imported annually, offering a large potential market for Vietnam's agricultural and forest products.
  • However, the proportion of agricultural products and food products from Vietnam in the top of the most warned countries is still high, despite the Vietnamese authorities' efforts to improve quality and supervision.

Statistics:

  • Production value of agricultural sector increased by 3.2% in 2024.
  • 3.8% growth rate in the first 6 months of 2025.
  • Target growth rate of 4% or more for 2025.
  • Vietnam aims to reach a 65 billion USD export turnover by the end of 2025.
  • 210-230 billion USD worth of agricultural products imported by China annually.
  • 100 million people in Vietnam's domestic market needs to be effectively exploited to replace imports.
  • Vietnam accounts for 3% market share in Europe, 10% market share in the UAE and surrounding areas, and is a significant player in the African and South American markets.

Sources:

  • "Ministry of Agriculture and Environment holds Conference to promote export of agriculture, forestry, and fishery in 2025" (VGP/Do Huong, August 12)
  • Tran Van Cong, "Vietnam Agricultural Dispersal in the EU Market" (exact format from the original)
  • Nhat.u, Vietnam, "Green, Clean, and Quality' in the EU Market" (exact format from the original)
  • Banh Nong Duc Lai, Vietnam Trade Center in China, "Recommendations for Vietnamese Enterprises when exporting to China" (exact format from the original)
  • Acting Minister of Agriculture and Environment Tran Duc Thang (VGP/Do Huong, August 12)