Agro-forestry-fisheries export fetches US$140.6 bln in 2011-2015
The cumulative export turnover of the agro-forestry-fisheries products reached US$140.6 billion from 2011 to 2015, with an average annual growth rate of 9%.
The figures were released by Minister of Agriculture and Rural Development Cao Duc Phat at a conference in Hanoi on January 5 to review the sector’s 2015 performance.
Compared to 2010, the export turnover of these products rose 54.6% to US$30.14 billion in 2015.
Compared to 2010, the export turnover of these products rose 54.6% to US$30.14 billion in 2015.
Ten exports present in the “US$1 billion” club were rice, coffee, rubber, tra fish, shrimp, cashew nuts, pepper, vegetable, cassava and woodwork.
The sector aims for an agro-forestry-fisheries export turnover of US$31 billion in 2016 and US$39-40 billion by 2020, Phat revealed.
In the reviewed period, the sector’s GDP growth rate reached 3.13%, surpassing the 2.6-3% target set by the 11th National Party Congress, he said, adding that the rate is expected to hit 3-3.5% this year and 2.5-3% in 2016-2020.
To realize these goals, the minister said that the sector will focus on restructuring and improving production value and efficiency while developing post-harvest preservation and processing.