Thursday, 29/08/2019 14:55 (GMT+7)
Agro-forestry-fishery export turnover reached USD26.58 billion in the Jan-August period, a year-on-year rise of 1.6%, in which 8 commodity groups earned value of more than USD1 billion, according to the Ministry of Agriculture and Rural Development.
Photo for illustration
Key farm products raked in USD12.4 billion, accounting for 46.7% of the total export revenue, while key forestry products and seafood earned USD7.08 billion and USD5.52 billion, making up 26.6% and 20.8% of the total value, respectively.
Major commodities earning high export value are wood and wood products (USD6.66 billion), shrimp (USD2.1 billion), coffee (USD2 billion), rice (nearly USD2 billion), fruits (USD1.96 billion), tra fish (USD1.33 billion), and rubber (USD1.3 billion).
For export markets, from the beginning of the year, exports of agricultural products to China were valued at USD4.74 billion, down 8.9% from the same period last year. Meanwhile, the US witnessed significant growth with USD4.78 billion, up 12.6%. Therefore, the US is the largest export market of Vietnamese agricultural products, accounting for 20.8% of the total, followed by Europe (12%), ASEAN (9.5%), and Japan 8.4%.
For imports, the value of the sector was estimated at USD20.54 billion, a year-on-year decrease of 1.2%, in which import turnover of fertilizer, pesticide and key farm products posted about USD17.2%, down 2%.
On the whole, the trade balance of agro-forestry-fishery products during the period enjoyed a surplus of USD6.04 billion, higher than USD661.6 million of the same period last year./.
BTA