Agro-forestry and fishery exports hit USD8.8 billion
Monday, 08/04/2019 17:00 (GMT+7)
Export turnover of agricultural, forestry and fishery products totaled USD3.3 billion in March 2019, bringing the sector’s value in the first three months to USD8.8 billion, a year-on-year decrease of 2.9%, according to the Ministry of Agriculture and Rural Development.
Photo for illustration
Exports of major agricultural products were valued at USD4.2 billion, down 13.4%; seafood fetched USD1.8 billion, up 0.5%; major forestry products reached USD2.4 billion, up 16.5%.
In the quarter, commodities seeing significant export growth were tea (15.4%), rubber (18.5)%, tra fish (10%), and bamboo products (37.7%).
However, many key agricultural products saw sharp reduction. Typically, the volume of exported rice reached an estimated 1.43 million tons, valued at USD593 million, down 3.5% in volume and down 20.2% in value from a year earlier.
The domestic fruit market witnessed a sign of recovery after a two-month decrease because the harvest time in China concurred with the harvest of some Vietnamese fruits. But, export value of fruits and vegetables still declined 9.3% compared to the same period last year, worth USD879 million.
Meanwhile, import value of agricultural, forestry and fishery products in the three months posted USD7.25 billion, a year-on-year increase of 4.6%. With these, trade surplus of the sector hit USD1.55 billion./.
BTA
Tags: