Earnings from exports of key farm produce in the first half of 2018 totalled US$10.3 billion, up 9.7% year-on-year. Increases were seen in rice, fruits & vegetables and cashew nut.
Vietnam’s rice exports saw remarkable growth in the first six months of this year, with year-on-year increases of 24.6% in volume and 42.2% in value.
Vietnam earned US$4.15 billion from exports of wood and wooden products in the first six months of this year, marking an increase of 8.4% compared with the same period last year.
As many as 20 products recorded more than US$1 billion in export turnover in the first half of 2018, accounting for 85.6% of Vietnam’s total exports, according to the General Statistics Office (GSO).
Vietnam’s exports to Germany hit US$2.85 billion in the first five months of this year, up 8.6% compared to the same period last year.
China’s reduction of import tax on tra fish will help domestic firms boost exports to the country – the largest market for Vietnamese tra fish.
In the first half of 2018, Vietnam's export revenue was estimated at US$113.93 billion and import revenue US$111.36 billion, with a surplus of US$2.57 billion.
The southernmost province of Ca Mau is striving to earn US$2.5 billion from shrimp exports, and become the largest shrimp breeding hub in the country by 2025.
VOV.VN - The average price of exported pepper saw a sharp drop during the first half of this year and any rebound is forecast to be difficult to achieve in July and the later months of the year, according to the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development.
Vietnam shipped close to US$122.4 million worth of rice products to Malaysia in the first five months of 2018, surging 177% from the same period last year.