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Analysis Factors Affecting Vietnam's Agricultural Exports to the EU: An Application of the Gravity Model

Author

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  • Pham Van Kiem

    (Thuongmai University, Vietnam)

  • Vu Thi Nhu Quynh

    (Thuongmai University, Vietnam)

  • Nguyen Ngoc Anh

    (Thuongmai University, Vietnam)

Abstract

This study employs the gravity model to explore the key drivers of Vietnam's agricultural exports to the European Union (EU) from 2015 to 2021. The findings reveal that the EU's demand for agricultural products and favorable exchange rates are pivotal in boosting Vietnam's export performance, while geographic distance and inflation present significant challenges. Additionally, Vietnam's agricultural capacity and land resources emerge as vital contributors to enhancing export growth. The study highlights the complexities of navigating the EU's stringent quality standards and technical requirements, providing a nuanced understanding of the factors shaping Vietnam's agricultural export dynamics. These insights bridge theory and real-world practice, offering a clear perspective on the opportunities and obstacles within this competitive market.

Suggested Citation

  • Pham Van Kiem & Vu Thi Nhu Quynh & Nguyen Ngoc Anh, 2025. "Analysis Factors Affecting Vietnam's Agricultural Exports to the EU: An Application of the Gravity Model," International Journal of Business Analytics (IJBAN), IGI Global Scientific Publishing, vol. 12(1), pages 1-20, January.
    • Handle: RePEc:igg:jban00:v:12:y:2025:i:1:p:1-20
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    References listed on IDEAS

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    6. Lirong Xing & Xiaomiao Yin & Chuanxiang Cao & Ehsan Elahi & Taoyuan Wei, 2022. "The Impact of Multidimensional Distance on Agricultural Exports: Evidence from China Based on the Technological Added Value," Sustainability, MDPI, vol. 15(1), pages 1-17, December.
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