Vietnam
U.S. Trade with Vietnam in 2022
Export Market Rank
#9 Among U.S. Agricultural Export Markets
Total Export Value
$3.9 Billion
3-Year Average
$3.83 Billion
Compound Average Growth
4.9% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Vietnam in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Cotton | $1.07 Billion | 406,638 | $925.87 Million | 166% |
| Soybeans | $390.08 Million | 611,011 | $350.06 Million | 23% |
| Distillers Grains | $386.57 Million | 1.28 Million | $228.05 Million | 238% |
| Forest Products | $351.39 Million | --- | $282.23 Million | 67% |
| Dairy Products | $224.04 Million | 95,627 | $190.44 Million | -7% |
| Other Feeds, Meals & Fodders | $174.07 Million | 201,889 | $114.05 Million | 115% |
| Tree Nuts | $173.01 Million | 29,213 | $232.17 Million | -27% |
| Soybean Meal | $164.39 Million | 305,948 | $156.71 Million | -18% |
| Poultry Meat & Prods. (excl. eggs) | $129.51 Million | 118,152 | $98.75 Million | 87% |
| Fresh Fruit | $120.96 Million | 60,156 | $94.6 Million | 101% |
Data and Analysis
Post forecasts Vietnam’s cotton imports for marketing year 2023/24 (MY2023/24) at 6.7 million bales based on cotton-yarn exports over the past six months. MY2022/23 cotton imports are estimated at 6.46 million bales, valued at $3.6 billion, according...
MY 2023/24 coffee production is lowered 3.8 million bags to 27.5 million bags due to unfavorable weather conditions as a result of climate change and El Nino climate patterns.
Attaché Report (GAIN)
Vietnam: Beef Market Overview - Tariff Disadvantages Undercut US Opportunities in Growing Market for Imported Beef
Vietnam is a growing market for beef and beef products, with demand driven by numerous factors including a growing population, economic growth, widening integration with global economies through free trade agreements, rising income per capita, and expanding modern retail and food service channels.
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2024
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News and Features
News Release
USDA Announces Planned Trade Missions for 2024, Shares Next Steps for Regional Agricultural Promotion Program
Agriculture Secretary Tom Vilsack today announced next steps in the U.S. Department of Agriculture’s efforts to bolster U.S. agricultural trade, including the department’s planned trade missions for 2024 and the opening of a public comment period for the new Regional Agricultural Promotion Program (RAPP). These efforts will help to support further growth in U.S. agricultural exports and introduce high-quality U.S. agricultural products to new markets.
Leaders from three state agriculture departments and 29 U.S. agribusinesses and organizations will accompany U.S. Department of Agriculture Under Secretary Alexis M. Taylor on a trade mission to Southeast Asia October 30 – November 3 to expand export opportunities for U.S. food and farm products to the Association of Southeast Asian Nations (ASEAN), the world’s fourth-largest market.
Wonderful Citrus is the largest fresh citrus grower, harvester, packer, and exporter in the Western United States, with offices in California and Texas. For many years, the company has worked with the U.S. Department of Agriculture (USDA), Foreign...