Agro-fishery-forestry exports reach USD32.6 billion in ten months

Saturday, 03/11/2018 08:21
The agro-fishery-forestry sector earned USD32.6 billion from exports during the January-October period, up 8.1 percent year-on-year, according to the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.

The export of key farm produce hit USD16.4 billion, 2.3 percent higher than that of the same time last year. Meanwhile, earnings from aquatic, husbandry, and forestry products were estimated at USD7.24 billion, USD0.46 billion, and USD7.6 billion; rising 6.2 percent, 9.5 percent, and 16.3 percent, respectively.

Over the 10-month period, Vietnam pocketed USD2.6 billion from shipping 5.2 million tonnes of rice abroad, an increase of 1.7 percent in volume and 14.1 percent in value year-on-year.

Source: VNA
Strong growth in rice export revenue was seen in Indonesia, Iraq, the Philippines, and Malaysia.

Exports of cassava also exhibited good performances, with 1.92 million tonnes sold at USD739.6 million, down 9.78 percent in quantity but up 16.1 percent in value compared to the same period in 2017.

Coffee export revenue regained strength after a time of steep fall. About 1.57 million tonnes of coffee were sold in foreign countries at USD2.98 billion in the reviewed period, a year-on-year increase of 21.3 percent in volume and 0.9 percent in value.

Regarding vegetables and fruit, Vietnam exported around USD3.3 billion worth of products, hiking 15.5 percent year-on-year.

In contrast, decline in export revenue was seen in pepper (33.4 percent), rubber (7.3 percent), and tea (7.7 percent).

The AgroTrade said that from the outset of the year, the country splashed out USD25.72 billion on agro-fishery-forestry imports, 11.1 percent higher than the amount in the same time in 2017./.

CPV/VNA

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