Agro-fishery-forestry exports reach US$24.6 billion in ten months
Vietnam’s agro-fishery-forestry product exports during the first ten months of this year were estimated at US$24.61 billion, a year-on-year decrease of 3.8 %, according to Ministry of Agriculture and Rural Development.
Most of the key agricultural products saw a tumble in both quantity and value. Since January, the country has raked in US$2.26 billion from exporting 5.32 million tonnes of rice, dwindling 4.6% in quantity and 11.7 % in value compared to the same period last year.
The same situation affected coffee and rubber exports, which saw two-digit decreases. Some 1.05 million tonnes of coffee were sold for US$2.13 billion in the ten-month period, tapering off 29.6 % in volume and 31.4 % in value. Meanwhile, rubber exports witnessed a slight surge of 3.5 % in the amount shipped abroad to 870,000 tonnes but a 15.8-% fall in revenue to US$1.22 billion.
In the period, tea shipments of 99,000 tonnes were worth US$170 million, down 9.1 % in quantity and 8.4 % in value.
By stark contrast, pepper and cashew exports saw stellar results. About 272,000 tonnes of cashew consumed in foreign countries brought back US$1.97 billion, escalating 6.3 % in volume and 18 % in value.
Pepper exports in ten months slid 19.6 % but value went up 0.5 %. Pepper shipments stood at 117,000 tonnes for an export value of US$1.11 billion.
Vietnam earned US$5.47 billion from wood and wood-based product exports, picking up 7.9 % over the same period last year. China, Japan and the US are three biggest importers of the commodity.
The seafood sector also contributed US$5.37 billion to the total export revenue, dropping 17.7% compared to the same period in 2014. The US continued to be the leading market with 19.43 % of total seafood export value.