Agro-forestry-fishery exports exceed US$12 billion

Nhan Dan Online - The export turnover of Vietnam’s agriculture, forestry and seafood products in the first five months of this year is estimated at US$12.12 billion, representing a year-on-year increase of 10.4%, according to the Ministry of Agriculture and Rural Development.

Vietnam grossed US$12.12 billion from selling agricultue, forestry and seafood products abroad in the first five months of 2014.
Vietnam grossed US$12.12 billion from selling agricultue, forestry and seafood products abroad in the first five months of 2014.

Farm products were the top export industry, bringing home US$5.94 billion, up 5.1% on an annual basis, followed by seafood with US$2.83 billion (up 25%) and forestry with US$2.46 billion (up 13.8%).

Coffee, pepper, and timber exports grew over the period. Vietnam exported 966,000 tonnes of coffee worth US$1.96 billion, an increase of over 36% in volume and 29% in value.

Meanwhile, pepper exporters earned US$645 million by exporting over 92,000 tonnes, a rise of 33.6% (volume) and 42.3% (value) year on year.

However, key farm products such as rice and rubber suffered a considerable drop in both volume and value against the first five months of 2013.

Rubber exports declined by 20.2% in volume and 39.2% in value, netting US$473 million.

Rice exporters delivered 2.65 million tonnes to foreign importers, down 10.2% year on year, and earned US$1.19 billion, a drop of 7.3%.

The ministry has set a target of earning US$28.5 billion from agriculture, forestry and seafood exports this year, which would be a year-on-year rise of 3.63%.

Vietnam+/Translated by Nhan Dan Online
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