Agro-fishery-forestry export surges in first 8 months

Agro, fishery and forestry export turnover in the first eight months of this year rose 13.5 percent from the same period last year to US$23.66 billion  reported the Ministry of Agriculture and Rural Development.

Turnover was estimated at 3.1 billion USD in August alone.

In the first eight months, agricultural export value was estimated at 12.6 billion USD, up 17.2 percent from the same period last year, while seafood exports fetched 5.13 billion USD, up 18.1 percent and forestry products saw an increase of 9.6 percent to 5.07 billion USD.

Rice exports garnered 220 million USD with 504,000 tonnes in August, raising the total rice export value to 1.75 billion USD with 3.96 million tonnes, up 17.5 percent in value and 19.8 percent in volume year on year.

China remained the largest market for Vietnamese rice, accounting for 41 percent of total export volume, followed by Malaysia with 7.3 percent.

Coffee shipments reached 1.02 million tonnes for export value of 2.33 billion USD, down 19.9 percent in volume but up 3 percent in value. 

Rubber exports stood at 795,000 tonnes for nearly 1.36 billion USD, marking an 11.2 percent growth in volume and a 52 percent increase in value over the same period last year.

Pepper exports were estimated at 165,000 tonnes, worth 889 million USD, up 21.6 percent in volume but down 19.5 percent in value.

Cashew nut exports fell by 1.1 percent in volume while surging by nearly 25 percent in value thanks to a 27 percent increase in prices. The sector shipped 223,000 tonnes abroad, worth 2.2 billion USD.

In the reviewed period, exports of fruit and vegetables earned 2.32 billion USD, up 46.5 percent year on year. China, Japan, the US and the Republic of Korea are among the top importers of Vietnamese fruit and vegetables. 

Meanwhile, agro, fishery and forestry imports in the first eight months of this year amounted to 19.17 billion USD, including 2.69 billion USD in August.
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