Vietnam Agribusiness Report 2013

July 30, 2013 |

Total Page: 17 Pages

Format: pdf

Topic: Food Producers

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Market Overview

Vietnam boasts impressive figures in regards to its agricultural production. It is the world’s second-largest exporter of rice, and one of the world’s largest exporters of coffee and cashews. It is also a major producer of various fruits, sugar, rubber and cotton. Food crop production has more than doubled since the early 1990s, and industrial crop output has increased by more than 300%, according to the Vietnamese General Statistics Office. In 2011, agriculture’s share of economic output was 20.6%.

Lifestock Sector
Within the Vietnamese livestock industry, pig farming is by far the most dominant sector, with pork production comprising about two-thirds of total meat production in 2011/12.  
•Vietnam's coffee sector has grown significantly over the last 20 years, with yields doubling and the area planted expanding from 42,000 hectares (ha) to more than 509,000ha.
•Vietnam is the world's biggest producer of robusta coffee, with more than 95% of its coffee output consisting of the robusta variety and only around 2-3% of production devoted to the premium arabica variety. 
Rice is the main food staple for Vietnamese. Vietnam currently has about 4 million ha rice farming with total production volume of about 26.9 million tonnes in 2012. Of which, 19.7 million tonnes are for domestic consumption and the remaining 7.5 million tonnes are for export. Vietnam becomes the largest exporter of rice recently with total export volume of 7.5mn tonnes in 2012 or US$3.7bn export value