Tuesday, September 19 2017

VietNamNews

Bumper Q1 for agriculture exports

Update: March, 27/2013 - 08:35
Workers process pineapple for export in Dong Giao Foodstuff Export JSC in Ninh Binh Province. Export turnover of agricultural, forestry and fisheries products in the first quarter of 2013 surged 6.2 per cent against Q1 2012. — VNA/VNS Photo Huy Hung

HA NOI (VNS) — Export turnover of agricultural, forestry and fisheries products in the first quarter of the year surged 6.2 per cent against the same period last year.

The total value hit US$6.56 billion, according to the Ministry of Agriculture and Rural Development.

The export turnover of forestry products rose 16.3 per cent to $1.24 billion while those of agricultural and fisheries products declined 5.4 per cent and 5.9 per cent respectively.

Director of the ministry's Information and Statistics Centre, Nguyen Viet Chien, said that the rise in export value of forestry products was attributed to the growing demand from foreign markets.

He said that the Chinese market saw the highest rise of 63.08 per cent, and other markets including the US, Japan and South Korea ranged between 13.18 and 27.55 per cent.

The decline in export value of agricultural and fisheries products was due to a reduction in both export volume and value of many key staples, he explained.

Rice exports, for example, had grown 34.3 per cent in volume, but the turnover was down 5.7 per cent to reach $616 million, with prices falling 14 per cent to $450 per tonne, he noted.

Mainland China remained Viet Nam's largest rice importer, accounting for 40.2 per cent of Viet Nam's total rice exports.

Singapore, the Phillipines and Hong Kong followed with 8.83, 6.23 and 5.47 per cent, respectively.

Rubber had a 60.8 per cent price hike to chalk $2,734 per tonne, but export volume in the first quarter declined 36.9 per cent to 200,000 tonnes, down 15.9 per cent at $526 million.

Tea export value surged 2.5 per cent to $43 million, although export volume was down 14.1 per cent at 29,000 tonnes.

Another key agricultural export item, coffee, also experienced a decline in both value and volume. Value was down 18 per cent at $909 million while volume fell 21.2 per cent to 447,000 tonnes.

Germany and the US are currently Viet Nam's largest coffee consumers, representing 12.51 and 11.31 per cent of the country's total coffee export turnover. — VNS


Send Us Your Comments:

See also: