Farm produce exports rise 55% in first half of February
VOV.VN - The total import-export turnover of Vietnamese agricultural products in the first half of February reached US$1.4 billion, up 37% year on year, with exports grossing US$914 million, up 55%, according to Vietnam Customs.
The largest export turnover was recorded in coffee with US$425 million, up 110%, followed by fruit and vegetables with US$151 million, up 5.8%, and rice with US$143 million, up 48%.
Most notably, the average export price of Vietnamese coffee soared by 74% to US$5,694 per tonne, while the export price of rice decreased by 25% to US$514.5 per tonne.
Throughout the reviewed period, Vietnam earned US$60 million from exporting cassava and cassava products, up 83%, while pepper and tea exports also rose by 82% and 28% to US$41 million and US$4 million, respectively.
Cashew nuts was the only item to witness a decrease in turnover compared to the same period last year with US$63 million, down 1.1%.
Meanwhile, Vietnam spent US$486 million on importing farm produce from foreign markets, up 12.5% year on year. The largest turnover was recorded in cashew nuts with US$125 million, up 162%, followed by milk and dairy products with US$74 million, up 200%, and fruit and vegetables with US$94 million, up 76%.
In contrast, the import turnover of wheat fell by 0.9% to US$95 million, while corn and soybeans imports decreased by 59.9% and 34% to US$63 million and US$33 million, respectively.
More Vietnamese agricultural products given green-light to enter China
VOV.VN - The Vietnamese Ministry of Agriculture and Rural Development (MARD) and the General Administration of Customs of China (GACC) have agreed to ramp up cooperation in the field of agricultural trade, opening the door for more Vietnamese farm products to enter the lucrative market of China.
