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Vietnam sees sharp increase in agricultural products exported to China

Vietnamese agricultural products exported to China through border gates in the Guangxi region have increased sharply in both volume and value in the first three quarters of 2022, after the effectiveness of the Regional Comprehensive Economic Partnership (RCEP) (January 1, 2022).

Chinese media quoted information from Nanning Customs as saying that, China imported about 477,000 tonnes of Vietnamese agricultural products through the border gates of the Guangxi Zhuang Autonomous Region, with a total import value of 3.7 billion yuan in the first nine months of this year, up 77.3% over the same period last year.

Vietnam, sharp increase, agricultural products, exported to China, border gates, Guangxi region, volume and value

The first shipment of Vietnamese durians exported to China through Huu Nghi Quan border gate, Guangxi.

Meanwhile, China exported 694,000 tonnes of agricultural products to Vietnam through the border gates of Guangxi, with a total value of 9.28 billion yuan in the first nine months of this year, up 33.7% over the same period last year.

Thus, the total volume and value of agricultural products shipped through the border gates of Guangxi reached 1.171 million tonnes and 12.98 billion yuan respectively, up 51.5% in volume and 43.8% in value over the same period last year.

China mainly imports Vietnamese agricultural products such as jackfruit, mango, and durian and exports to Vietnam vegetables and mushrooms, including canned mushrooms, onions, and potatoes.

After the first shipment of Vietnamese fresh durian through the Huu Nghi Quan border gate in September, over 1,277 tonnes of Vietnamese fresh durian were exported to China in just one month, accounting for over 90% of the total volume and value of durian exports to China.

Since the RCEP agreement officially took effect, agricultural products of Vietnam and ASEAN have gradually been approved to enter the Chinese market. In particular, Vietnamese agricultural products have a great advantage due to the distance, short transportation time, and lower cost.

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Source: NDO

Vietnam, sharp increase, agricultural products, exported to China, border gates, Guangxi region, volume and value
 
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