Vietnam’s exports of agricultural products reached unprecedented heights in 2024, with multiple sectors achieving significant milestones such as coffee exports surpassing US$5 billion and cashew shipments exceeding $4 billion.

Vietnam’s coffee export turnover has so far surpassed the total for 2023, setting a new record of 4.84 billion USD in the first 11 months of 2024. In November 2024, the average export price of Vietnamese coffee reached 5,818 USD per tonne, the highest ever recorded. With these achievements, Vietnam is poised to dominate the global coffee market in the near future.

Vietnam is currently experiencing a significant trade surplus with the US, but experts caution that its exports may face increasing challenges in the coming time.

The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.

Vietnam’s exports to the U.S. are forecast to rise in 2025, though there may be challenges caused by Donald Trump’s trade policies, the Ministry of Industry and Trade said at a recent seminar in Hanoi.

The export of Vietnamese seafood is anticipated to grow by 10 – 15% in 2025, building on gains recorded in 2024, according to the Vietnam Association of Exporters and Producers (VASEP).

China imports over 90 per cent of Việt Nam's durians, but recently, fraudulent activities involving planting area codes and packaging facility codes have emerged.

The total export turnover of agricultural, forestry, and fishery products reached a record high of 62.5 billion USD in 2024, an 18.7% increase compared to 2023, announced by the Ministry of Agriculture and Rural Development (MoARD). The record trade surplus of these industries also hit a new record of 17.9 billion USD, marking a 46.8% growth.

The BRICS bloc, a coalition formed by Brazil, Russia, India, China, and South Africa, is broadening its reach as it seeks to challenge the dominance of the US dollar and reshape global financial and economic systems.

Cambodian pepper exports to China are set to experience a significant surge in 2025 as numerous exporting firms are ramping up their efforts to penetrate the Chinese market.