Agro-fishery-forestry export falls in first 8 months
Agro, fishery and forestry export turnover in the first 8 months of this year decreased by 4.8 percent over the same period last year to 19.31 billion USD.
Agro, fishery and forestry export turnover in the first 8 months of this year decreased by 4.8 percent over the same period last year to 19.31 billion USD, reported the Ministry of Agriculture and Rural Development on August 26.
The turnover was estimated at 2.38 billion USD in August alone.
In the 8-month, seafood export fetched 4.13 billion USD, down 17.5 percent year-on-year, while principal forestry products saw an 8.2 percent increase to 4.52 billion USD.
Among agricultural products, rice, rubber and coffee experienced the strongest falls in export revenue.
Rice export brought home 1.76 billion USD with 4.09 million tonnes, down 15 percent in value and 8.6 percent in volume.
China remained the largest market for Vietnamese rice, accounting for 35 percent of the total export volume. Notably, Malaysia emerged as the third largest market with a 74 percent growth.
Coffee shipments reached 874,000 tonnes for an export value of 1.79 billion USD, down 33 percent in both value and volume.
Rubber exports stood at 632,000 tonnes for nearly 922 million USD, marking an 11 percent growth in volume but a 10 percent decrease in value over the same period last year.
Pepper and cashew nuts were the spotlights of farm produce exports due to their rising values by 28 percent and 13 percent, respectively.-VNA
Vietnam’s agro-forestry and fisheries exports in June reached 2.2 billion USD, pushing the six-month results to 14.67 billion USD, a rise of 11.2 percent over the same period last year, according to the Ministry of Agriculture and Rural Development.
Product quality and market expansion are vital to boost sales of agro-forestry-fishery products, Deputy Minister of Industry and Trade Tran Tuan Anh told the Vietnam Economic News.
Vietnam’s agro-forestry and fisheries exports hit 17.43 billion USD in the first seven months of this year, up nearly 12 percent from the same period a year earlier.
Vietnam’s agro-forestry-fishery exports in the first eight months of 2014 climbed 11.9 percent from a year earlier to 20.22 billion USD, said the Ministry of Agriculture and Rural Development (MARD).
Deputy Prime Minister Hoang Trung Hai has ordered the implementation of measures to remove difficulties and promote the export of agro-forestry-aquatic products.
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Illustrative image (Source: VNA)
