Agricultural exports in 9 months: Coffee drops deep, sky-rocketing cassava

As reported by the Ministry of Agriculture and Rural Development, in May 9, 2015, the value of exports of major agricultural commodities estimated at 10.29 billion dollars, down 7.2% from the same period in 2014. Reduced strong commodities coffee (32.2%), rubber (13.7%) and rice (15.7%), in contrast, commodities such as cassava, cashew nuts to rise.
Report of MARD showed that exports of agricultural, forestry and fisheries in September 2015 is estimated at 2.15 billion dollars, bringing the export value of the industry first 9 months of 2015 to 21.65 billion, down 5% compared to the same period of 2014. In particular, the value of exports of key agricultural products is estimated at 10.29 billion, down 7.2% from the same period of 2014, down very sharply in commodities like coffee (32.2%), rubber (13.7%) and rice (15.7%).

Agricultural exports in 9 months: Coffee drops deep, sky-rocketing cassava. Illustration.
Specifically, for coffee products: coffee exports in September 2015 is estimated at 81 million tons with the value dat158 million, bringing the coffee export volume first 9 months of 2015 is estimated at 961 thousand tons with a total worth 1.96 billion US dollars, down 31.2% in volume and 32.2% in value over the same period in 2014. Coffee prices average export first 8 months of 2015 reached $ 2,054 / ton, down 0,23% compared with 2014.
On the export market, MARD said that Germany and the United States market continues to be the two largest coffee consumption in Vietnam in the first 8 months of 2015 with a market share of 14.41% respectively and 11.46 %. The value of coffee exports in the first 8 months of 2015 in 10 major markets of Vietnam are lower than in the same period of 2014.
Second plummeted rubber goods: estimated volume of rubber exports in September 2015 reached 100 thousand tons with a value of 131 million USD, with an estimated first 9 months of 2015 the export of rubber to 740 thousand tonnes, valued at USD 1.06 billion, up 6.6% in volume but down 13.7% in value compared with the same period of 2014. The export price of rubber per the first 8 months 2015 1451 bUSD / ton, down 19.56% over the same period in 2014.
About the market, China, Malaysia and India remained the market three largest rubber consumer of Vietnam in the first 8 months of 2015, accounting for 71.85% market share. Compared with the same period of 2014, export value of rubber first 8 months of 2015 increased in the Chinese market (9.76%), the rest were dropped in 9 major markets.
Followed by rice: MARD said rice export volume in September 2015 is estimated at 428 thousand tons with a value of USD 177 million given rice export volume first 9 months of 2015 is estimated at 4.47 million ton and $ 1.92 billion, down 10.1% in volume and 15.7% in value compared with the same period of 2014. The average export price first 8 months of 2015 reached $ 430.87 / ton , down 5.08% compared with the same period of 2014.
On the market, the Chinese market is still the largest importer of Vietnam rice in the first 8 months of 2015 with 35.37% market share. First eight months of 2015 the export of rice to the Chinese market tends to decrease over the same period in 2014 (a decrease of 2.64% in volume and 8.74% in value). Compared with the first eight months of 2014, the market has a strong growth in the first 8 months of 2015 increased by 35.75% Malaysian market in terms of volume and 24.3% increase in value, rising to No. 3 the rice import market of Vietnam, accounting for 8.87% of the share; Gana 21.8% market volume and 16.15% increase in value, at No. 3 on rice import market of Vietnam; Ivory Coast increased market 77.56% in volume and 77.93% in value, the 5th largest import market of Vietnam rice. The market has dropped sharply in the first 8 months of 2015 compared with the same period of 2014 was the Philippines (down 41.01% in volume and 44.69% in value), Singapore (down 37.24% on volume and 34% in value), and Hong Kong (giam29,37% in volume and 35.36% in value).
Fell sharply followed by tea products:: tea export volume in September 2015 was estimated at 10 thousand tons with a value of $ 17 million, bringing tea export volume first 9 months of 2015 is estimated at 88 million tons with the price value reached 151 million, down 8.8% in volume and 8.1% in value compared with the same period of 2014. The average export price of tea first 8 months of 2015 reached $ 1,710 / ton, up 2, 03% compared to the same period of 2014.
In the first 8 months of 2015, the volume of tea exports to Pakistan - the biggest market of Vietnam with 38.15% market share - an increase of 9.54% in volume and increased 8.56% in value over the same period of 2014. The market value spike exports are Russia (up 33.45%), the Arab Unity TVQ (nearly 3 times) and Indonesia (up 15.59%).
Commodities despite sharp decline in production but export value declined slightly. Specifically, pepper export volume in September 2015 estimated at 7 thousand tons, with a value of 66 million, bringing the pepper export volume first 9 months of 2015 to 110 thousand tons with a value of 1.04 billion dollars, decreased 21.2% in volume and down 1.3% in value. The average export price of pepper first 8 months of 2015 reached $ 9,420 / ton, up 26.35% compared with the same period of 2014.
The export market of Vietnam's biggest target was the United States, United Arab Emirates and Singapore with 37.89% market share. The market value surged by Germany (35.27%), South Korea (53.34%), Spain (27.79%) and the UK (24.23%).
Contrary to the above categories, cassava and cassava products rose sharply in both volume and value of exports. Specifically, the volume of export of cassava and cassava products in September 2015 is estimated at 235 thousand tons, with a value of $ 84 million bringing the total volume of exports of this item first 9 months of 2015 reached 3.27 million tons with a value of $ 1.03 billion, up 28.4% in volume and 24.3% in value over the same period of 2014.
In the first 8 months of 2015, China remains the main export market accounted for 89.17% market share, tang37,1% in volume and 33.03% in value compared with the same period of 2014. Market share the other main markets are less than 2%. The market has the highest growth rate was Japan (up 72.29% in volume and 84.45% in value) and Taiwan (up 46% in volume and 43.51% increase in price value).
Similarly, cashews goods also rose sharply. Specifically, cashew export volume in September 2015 was estimated at 30 thousand tonnes worth USD 218 million, bringing the export volume of the first 9 months of 2015 reached 245 thousand tons with $ 1.78 billion, up 7.8 % in volume and 20.6% in value compared with the same period of 2014. The export price of cashew nuts per first 8 months of 2015 reached $ 7,271 / ton, up 12.48% over the same period of 2014.
On the market, the US, the Netherlands and China remained the third largest import market of Vietnam which respectively accounted for 36.29%, 12.56% and 12.32% of total export value. The market value surged by Germany (79.7%), Thailand (51.38%), USA (35.33%), the Netherlands (33.67%) and the TVQ Arab Unity ( 22.01%).