Vietnam's farm produce exports are on track to reach the target of $54 billion in 2024, having already earned $29.2 billion in the first half of the year, a 19% increase year-over-year[1][2][3].
Key exports include coffee ($3.22 billion), rice ($2.98 billion), cashew nuts ($1.92 billion), fruits and vegetables ($2.42 billion), and shrimp ($1.43 billion)[2]. The U.S., China, and Japan remain Vietnam's top export markets[2]. The agricultural sector is expected to maintain strong growth in the second half of 2024 to meet the ambitious $54-55 billion export revenue target set by the government[4].
Citations:
[1] https://english.vov.vn/en/economy/farm-produce-exports-on-course-to-meet-us54-billion-target-for-2024-post1104504.vov
[2] https://vietnamnet.vn/en/vietnam-business-news-june-29-2024-2296615.html
[3] https://ven.congthuong.vn/trade/major-exports
[4] https://vietnamnet.vn/en/vietnam-aims-for-us-55-billion-in-farm-exports-this-year-2235722.html
[5] https://ven.congthuong.vn/vietnams-exports-surge-in-first-half-of-2024-driving-trade-surplus-51342.html