Leverage the vast potential of two leading international markets to enhance the value of Vietnam's agricultural, forestry, and fishery products. Explore new consumer trends, quality standards, and strategic partnership opportunities to help businesses expand and establish a sustainable position in the global supply chain.
Vietnam’s exports of agricultural, forestry, and fishery products to the U.S. have made significant progress and continue to play a crucial role in the country’s overall export revenue. In 2024, as of the end of August, the export value of these products to the U.S. reached $8.5 billion, marking an increase of nearly 31% compared to the same period in 2023. Key export categories include wood products, seafood, coffee, and cashew nuts.
The U.S. is the largest import market for Vietnamese pangasius, accounting for 98% of the total pangasius export value to the U.S. in the first five months of 2024, with a turnover of over $120 million, up 19% from the previous year.
(Source: VnEconomy)
Wood and wood product exports to the U.S. account for over 40% of the country’s total wood furniture imports, reaching $6.14 billion in the first five months of 2024. (Source: VnEconomy)
Vietnam’s exports of agricultural, forestry, and fishery products to Japan play a crucial role in the trade relations between the two countries. In 2024, Japan remains one of Vietnam’s largest export markets, accounting for approximately 6-7% of the total agricultural export turnover.
Shrimp, pangasius, and tuna are the key export products, with shrimp accounting for the largest share due to its stable quality and compliance with Japanese standards. Shrimp exports in the first nine months of 2024 reached nearly $2.8 billion, up 10.5% compared to the same period. (Source: VnEconomy, VIOIT)
Japan is an increasingly growing market for specialty and high-quality coffee. Vietnamese coffee exports to Japan have made a significant contribution to the country’s total coffee export revenue, with a notable increase in export value over time. (Source: VnEconomy)
Fruits and vegetables: Products such as bananas, mangoes, and dragon fruit have experienced strong growth. In January 2024 alone, the export value of fruits and vegetables to Japan reached $16.9 million, marking a 53.2% increase compared to the same period last year. (Source: AsemconnectVietnam.gov.vn)
Wood Pellets: Japan’s import of wood pellets increased by over 40% in 2022, with a total volume reaching approximately 4.4 million tons. Vietnam remains the leading supplier, contributing over 50% of the total supply.
Engineered Wood Flooring: The value of these imported products has surged significantly, with China, Vietnam, and Austria among the top suppliers, marking an increase of about 35% compared to the previous year.
Plywood: Japan’s plywood imports have risen considerably, showing a growth of approximately 35% compared to previous years.
Import Standards of the U.S
Adjust segmentation strategy, targeting, and positioning specifically for the Japanese market.
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Propose and provide technology solutions such as SFA and CRM, optimized for the Japanese market.
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Seize opportunities early and integrate technology into your business.
Receive consultation and support from top-tier, dedicated experts.
Plus 84 Co., Ltd.
87 Thien Hien Street, My Dinh Ward Tu Liem District, Ha Noi City, Viet Nam
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