Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months
Vietnam’s agro-forestry-aquatic product exports raked in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year, the Ministry of Agriculture and Rural Development (MARD) reported.
Vietnam’s agro-forestry-aquatic product exports rake in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year. (Photo: VNA)
Hanoi (VNA) – Vietnam’s agro-forestry-aquaticproduct exports raked in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year, the Ministry of Agriculture and Rural Development(MARD) reported.
Meanwhile, the country imported 14.32 billion USD worth ofthese products, resulting in a trade surplus of 4.74 billion USD, a rise of 71.5% year on year.
In April alone, the export value was 5.14 billion USD,an increase of 19.7% from the corresponding time last year, of which mainagricultural products made up 2.83 billion USD (up 29.2%); forestry products, 1.39billion USD (up 18.6%); and aquatic products, 730 million USD (down 1.5%).
In the four months, Vietnam shipped abroad 10.44 billionUSD worth of agricultural products, a year-on-year rise of 32.5%; 5.18 billionUSD of forestry products, up 22.8%; and 2.68 billion USD of aquatic products, up 4.2%.
Regarding markets, exports to Asia, America, Europe,Oceania and Africa experienced increases ranging from 19.8% to 38.6%. The US, China and Japan remained the three largest buyersof Vietnam's agro-forestry-aquatic products.
To maintain the growth pace, the ministry said it hasdealt with market-related issues to facilitate shipments, especially those to China,the US, Japan and the EU, while expanding to new ones like the Middle East,Africa and Islamic countries.
At the same time, it has maximised opportunitiesgenerated by free trade agreements, notably the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) and the EU-Vietnam Free TradeAgreement (EVFTA)./.
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Vietnam’s agro-forestry-aquatic product exports rake in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year. (Photo: VNA) 
