Posts

A Bright Spot For Exporting Agricultural Products

Image
  A Bright Spot For Exporting Agricultural Products August 17, 2022 Factory Offers Exports increased by 12.2% over the identical period Information from the Ministry of Agriculture and Rural Development on quarter day said that in July 2022, the export turnover of agricultural products was estimated at 4.8 billion USD, up 10.4% compared to July 2021. Within the first 7 months of 2022, the export turnover of agricultural products is estimated at nearly 32.3 billion USD, up 12.2% over the identical period last year. In the past 7 months, 4 products/product groups with export value reached over 2 billion USD, including: Coffee, rice, shrimp, wood products. Many items have higher export value compared to the identical period last year, such as: Coffee with over 2.6 billion USD (up 46.2%); rubber reached over 1.6 billion USD (up 7.0%); rice over USD 2 billion (up 9.0%); pepper about 661 million USD (up 11.7%). In addition, the export value of cassava and cassava products in the past 7 month

Top 10 Agricultural Products Exported By Vietnam

Image
Top 10 Agricultural Products Exported By Vietnam According to the Ministry of Agriculture and Rural Development, Vietnam currently has more than 10 key export agricultural products, including: rice, coffee, rubber, cashew, pepper, tea, vegetables, fish, shrimp, wood and products. Wood presents in 160 countries and territories around the world. In which, some products have export value of more than 1 billion USD/year such as: coffee, rice, cashew, vegetables… Wood and wood products  In the first 5 months of 2022, wood product exports reached 5.2 billion USD, a slight increase compared to the same period in 2021. Meanwhile, the export of wood materials reached 1.95 billion USD in the first 5 months of the year. Currently, the United States and Europe account for 80% of Vietnam's export market share and there is still great room for development. Large enterprises in Vietnam still focus on the markets of wooden furniture exported to the European market (EU). Although the war between Ru

What Are Agricultural Supplies?

Image
Factory Offers martine@factory-offers.com Ho Chi Minh City, Vietnam What Are Agricultural Supplies? August 017, 2022 Introduction Supply and demand are the 2 fundamental components of a market. Supply describes how producers and makers, large or small, react or behave within the marketplace when producing and selling a product. An understanding of how factors affected supply situations within the past will help farm managers understand possible supply prospects within the future. The concept of supply The word 'supply' is often accustomed to mean 2 various things. One definition of supply is that the total of latest production and stocks. 'Stocks' is the amount of product available at the start of a brand new production period. In other words, supply is the total quantity available. The term 'total supply' is going to be wont to indicate the overall quantity available. The other common use of supply describes how producers react within the marketplace. Market su