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Last updated: Friday, March 16, 2018


Agro-Forestry and Fishery Exports Estimated at US$6.1 Bln in First Two Months

Posted: Monday, February 26, 2018

The export turnover of Vietnam’s agricultural, forestry and fishery products stood at an estimated US$2.6 billion in February, bringing the sector’s export revenue in the first two months of 2018 to US$6.1 billion, an increase of 30.2 per cent annually.

According to the Ministry of Agriculture and Rural Development (MARD), the export value of primary agricultural products was estimated at US$3.3 billion, up 27.8 per cent annually, while the export revenue of aquatic products was reported at approximately US$1.2 billion, up 29.5 per cent against the same period last year.

The exports of wood and key wooden products earned Vietnam revenue of roughly US$1.43 billion in the January-February period, representing a 28.5 per cent annual increase.

The total volume of rice exports in the past two months was estimated at 861,000 tonnes, worth US$419 million, up 17.2 per cent in volume and nearly 34 per cent in value compared to the same period of 2017.

Cashew nut exports reported the largest growth among the agricultural products, with a volume of 54,000 tonnes, up more than 73 per cent, and a value of US$555 million, up nearly 95 per cent over the same period last year.

The exports of fruit and vegetables maintained stable growth, surging by 59.5 per cent annually to US$672 million.

Meanwhile, Vietnam earned US$348 million from exporting 238,000 tonnes of rubber in the first two months of the year, up 29.5 per cent in volume but down 6.4 per cent in value over the same period of 2017. A similar situation was witnessed in the exports of pepper, with a volume of 30,000 tonnes, up 36.5 per cent, and a value of US$121 million, down nearly 21 per cent.

Additionally, the import value of the agro-forestry and fishery sectors was estimated at US$5.29 billion in the January-February period, up 30.6 per cent annually, generating a trade surplus of US$819.3 million, up 27.7 per cent annually.


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