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Agriculture's share of GDP has declined in recent years, falling from 42% in 1989, to 26% in 1999. In 2023, agriculture and forestry accounted for about 12% of Vietnam's gross domestic product (GDP). However, agricultural employment was much higher than agriculture's share of GDP; in 2005, approximately 60 percent of the employed labor force was engaged in agriculture, forestry, and fishing. Agricultural products accounted for 30 percent of exports in 2005. The relaxation of the state monopoly on rice exports transformed the country into the world's second or third largest rice exporter. Other cash crops are coffee, cotton, peanuts, rubber, sugarcane, and tea.
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