Agro-forestry-aquatic product exports gross US$14.2 billion in two months
VOV.VN - The export value of local agro-forestry-aquatic products hit US$14.2 billion in the first two months of the year, a surge of 15.8% on-year, according to figures compiled by the Ministry of Agriculture and Rural Development.
The revenue of these exports stood at an estimated US$8 billion, marking an annual rise of 20.9%, while imports surpassed US$6.2 billion as they increased by 10%.
So far this year, the nation has grossed US$1.8 billion in trade surplus in agriculture, forestry, and fishery, a figure 86.7% higher than last year.
During the opening two-month period, shipments of key agricultural products totaled more than US$3.2 billion, up 10.2%. Elsewhere, aquatic exports saw a sharp rise of 47.2% to reach US$1.5 billion, whilst forestry exports also grew 17% to nearly US$2.9 billion during the reviewed period. In contrast, animal products declined by 3.5% to US$54.1 million.
Exports posting the highest level of growth include coffee, rice, pepper, tra fish, shrimp, and wood and timber products.
The United States remained the country’s biggest buyer, purchasing over US$2.3 billion worth of products, or 28.2% of the total. In line with this, roughly 70% of exports to the US were wood and timber products.
Following the US was China in second and Japan in third place. China imported nearly US$1.3 billion, 16.2% of the total, from the Vietnamese market, some 33.3% of which was rubber.
Shipments to Japan stood at US$586 million, equal to 7.3% of the total, 44.8% of which was wood and timber products.
The Ministry of Agriculture and Rural Development is in the process of stepping up efforts to gain better entry for Vietnamese exports to major markets, such as Peru, Australia, Brazil, China, and the US.