Agro-forestry-fisheries export fetches 140.6 bln USD in 2011-2015
The cumulative export turnover of the agro-forestry-fisheries products reached 140.6 billion USD from 2011 to 2015, with an average annual growth rate of 9 percent.
Minister Phat at a National Asembly meeting (Photo:VNA)
Hanoi (VNA)ಞ – The cumulative export turnover of the agro-forestry-fisheries products reached 140.6 billion USD from 2011 to 2015, with an average annual growth rate of 9 percent.
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 percent to 30.14 billion USD in 2015.
Ten exports present in the “1 billion USD” club were rice, coffee, rubber, tra fish, shrimp, cashew nuts, pepper, vegetable, cassava and woodwork.
ꦡ The sector aims for an agro-forestry-fisheries export turnover of 31 billion USD in 2016 and 39-40 billion USD by 2020, Phat revealed.
In the reviewed period, the sector’s GDP growth rate reached 3.13 percent, surpassing the 2.6-3 percent target set by the 11 th National Party Congress, he said, adding that the rate is expected to hit 3-3.5 percent this year and 2.5-3 percent in 2016-2020.
🅷 To realise 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.-VNA
The agro-forestry-fisheries sector is forecast to bring home 30.8 billion USD from export this year, up 11.2 percent from 2013 despite lacklustre demand in markets all over the world.
The agro-forestry-fisheries export turnover in September was estimated at 2.15 billion USD, bringing the nine-month figure to 21.65 billion USD, down 5 percent against the same period last year.
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Minister Phat at a National Asembly meeting (Photo:VNA)
