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Agro-fishery-forestry exports in 11 months exceed full year’s target

Update: November, 28/2017 - 16:20
Rice packs being loaded for export. The agro, fishery and forestry export turnover reached US$33.14 billion during January-November, on the way to reach a new high. — VNA Photo
Viet Nam News

HÀ NỘI — The agro, fishery and forestry export turnover reached US$33.14 billion during January-November.

This represented a rise of 13.8 per cent over the same period last year, according to the Ministry of Agriculture and Rural Development.

The export value exceeded the full year’s $32.1 billion revenue of 2016, to set a new high and on the way to reach $35-36 billion this year.

In November alone, the export revenue touched nearly $3 billion.

The export of agricultural products rose by 16 per cent in the 11-month period, fishery products by 18.3 per cent and forestry products by 10.4 per cent.

In the period, Việt Nam’s agro-fishery-forestry sector ran a trade surplus of $8 billion.

Many products posted strong increases in export revenues.

Rice export touched 5.49 million tonnes, worth $2.48 billion, increasing by 23.4 per cent and 24.2 per cent over the same period last year, respectively.

Fruit and vegetable export set a new high, reaching $3.16 billion in the 11-month period, up by 43.2 per cent.

Other agricultural products, which saw a significant increase in exports included rubber (up by 38.9 per cent to $2 billion revenue) and cashew (up by 23.2 per cent to $3.2 billion revenue).

Fishery exports also touched a new high in the January-November period, estimated at $7.57 billion in revenue, up by 18.3 per cent over the same period last year.

The United States, Japan, China and South Korea were the major importers of Vietnamese fishery products.

The export of wood and wooden products increased 10.5 per cent to reach $6.87 billion.

Only three products posted a drop in export values, including coffee, pepper and cassava, due to a decrease in export volume or in prices

Coffee export in the period fell by 22.5 per cent in volume to 1.27 million tonnes, but slightly rose by 3.8 per cent in value to $2.89 billion.

Due to a drop of 34.6 per cent in the average pepper export price, the export value of this product decreased by 21.7 per cent to $1.06 billion, despite a rise of 20.1 per cent in value to 203,000 tonnes. — VNS

 

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