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Wednesday, 24-6-26 07:42:22

Economics

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Agro-forestry-fishery exports earn nearly 21 billionUSD


Vietnam earned 20.6 billion USD from selling abroad farm, forestry farmed fish products in the first eight months of 2016, up 5.6 percent from a year ago, according to the Ministry of Agriculture and Rural Development (MARD).

The figure included 2.76 billion USD attained in August alone.

Agri-products contributed 9.9 billion USD to the eight-month turnover, a 5.7 percent increase against the same period last year.

It included 1.51 billion USD from the sale of 3.37 million tonnes of rice, down 13.1 percent in value and 16.6 percent in volume year-on-year.

China remained the biggest rice importer of Vietnam, accounting for 36 percent of the total market, with 1.04 million tonnes worth 476 million USD in the first seven months of this year, showing a drop of 21.6 percent in volume and 11.9 percent in value.

Coffee exports fetched 2.25 billion USD from 1.27 million tonnes, up 39.9 percent in volume and 20.7 percent in value. Germany and the US were the two biggest coffee importers of Vietnam in the first seven months this year, accounting for 15 percent and 13 percent, respectively.

Exports of wood and wood products reached 4.3 billion USD, a year-on-year fall of 0.6 percent. The US, Japan and China were the three biggest markets, together holding nearly 53 percent of the total export value.

The export value of fishery products in the first eight months of this year amounted to 4.3 billion USD, a rise of 4.1 percent from the 2015 same period.

The United States, Japan, China and the Republic of Korea were leading importers of Vietnamese farmed fish. China, the US and Thailand saw a remarkable surge of 53.9 percent, 11.9 percent and 9.9 percent, respectively in their import of Vietnamese seafood.

VNA

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