Agro-forestry-fishery exports up 9.9 percent in five months
Hanoi (VNA) – The total export value of agro-forestry-fishery products in the first five months of the year reached 15.6 billion USD, a year-on-year surge of 9.9 percent, according to the Ministry of Agriculture and Rural Development.
Illustrative photo (Photo: VNA)
The export value of key agricultural products was estimated at 8.25 billion USD, up 9.6 percent from the same time last year. Meanwhile, seafood products contributed 3.12 billion USD to the total export turnover, up 9.7 percent, and forestry products 3.4 billion USD, up 8.7 percent.
The Vietnam Administration of Forestry said that China, Japan, the Republic of Korea and the US were the four largest importers of Vietnamese wood and wood-based products. The export value of forestry products accounted for nearly 22 percent of the total export value.
In May alone, the country raked in 347 million USD from shipping abroad some 452,000 tonnes of rice, bringing the total value and volume of rice export in the January-May period to 1.45 billion USD and 2.66 million tonnes, up 40 percent and 13.9 percent, respectively.
Average rice price in the period experienced an increase of 12.9 percent to 503 USD per tonne. China remains the largest buyer of Vietnamese rice, holding 33.5 percent of the market share.
Vietnam also enjoyed robust shipments of cashew. In the five month period, it sold 139,000 tonnes of cashew abroad and earned 1.37 billion USD, rising 19 percent in volume and nearly 23 percent in value as compared to the same time last year.
Some 1.3 million tonnes of cassava and cassava products were sold in foreign countries at a price of 460 million USD, falling 25.6 percent in volume and soaring 7.3 percent in value.
Meanwhile, coffee export increased 16 percent to 820,000 tonnes but dropped 0.8 percent in value to 1.6 billion USD. Rubber export also fell 12 percent in value to 620 million USD although the exported amount was estimated at 424,000 tonnes, or 16 percent higher than the same time last year.
The export turnover of pepper experienced a plunge of 37.6 percent. A total 108,000 tonnes were shipped abroad at a value of 377 million USD.
The ministry also said that the country spent 12.29 billion USD importing agro-forestry-fishery products during January-May, a year-on-year increase of 10.6 percent.
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