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Agricultural export forecast increased dramatically in 2014

( 18-01-2016 - 03:36 PM ) - View: 596

Vietnam Cashew Association ( Vinacas ) predicts that 2014 industry growth rate remained at least equal to last year but based on results achieved in the past year .
Although only set an export target of U.S. $ 1.5 billion in 2013 but the final result shows items that have reached 1.66 billion U.S. dollars , an increase of over 19 % and nearly 13 % of the price treatment . The figure of 1.66 billion U.S. dollars only new statistics on the export volume of cashew longer if including cashew nut shell oil products and nut products deep processing in 2013 , both exports at about 1 , 8 to 1.9 billion U.S. dollars .
One other item fast growth in 2013 and joined the group of items of U.S. $ 1 billion as vegetables and fruits to bring over 1,037 billion U.S. dollars, an increase of over 25 % compared to 2012. Agricultural exports the strength of Vietnam 's dragon , green grapefruit , fresh fruit and vegetables , canned and frozen .
According to the Vietnam Fruit and Vegetable Association ( Vinafruit ) , 2014 is a promising year . Vegetable commodities export growth of 20-30 % per year in recent years and expectations Vinafruit keep this growth .
Despite the favorable export selling prices in stable at around 120,000 VND / kg but Vietnam Pepper Association ( VPA ) predicted that 2014 would be cautious about exporting 125,000 - 130,000 tonnes of pepper, earning about 900 million U.S. dollars , equivalent to 2013. however , Annually at the beginning of the year , VPA always predicted last year but lower exports of agricultural products this has increased over the previous year .
The situation of rice production in 2014 , according to forecasts by the Ministry of Agriculture and Rural Development and the Vietnam Food Association ( VFA ) will not change significantly from 2013. Yet, the output of rice will more difficult due to the pressure to compete with lower prices in Thailand and the main supplier in Asia .
Pressure to compete with Thailand took place in two main product is the fragrant rice and white rice , the government is strengthening the lower selling price to exhaust inventories. Rice prices in Thailand, according to VFA , will shape the rice price in the other supply and weakening market . Disaster situation in India is expected to impact the country's rice exports next year . It remains the leading source of rice in the world and continues to be the major competitor of Vietnam in the coming years.
For the consumer market in 2014, according to the VFA , in Southeast Asia , despite declining demand but Vietnam still has the ability to win government contracts granted when the country needs imported rice . Besides, China - the largest import market of Vietnam two years, is expected to continue to increase imports in the coming year . However, businesses still are recommended to review the commercial risk for this market .
VFA forecast rice exports of Vietnam in 2014 ranged between 6.5-7 million tons , no significant change compared with the forecast in early 2013 . This figure is only for the export quota , export quota was often not included in this forecast .

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