Agro-forestry-fishery exports exceed US$3 billion in January

Export turnover of agro-forestry-aquatic products in January 2018 was estimated at US$3.09 billion, up 25.9% against the same period last year.

  • Vietnam's brighter FDI attraction prospects for 2018
  • Vietnam attracts over US$25 billion of FDI

According to the Ministry of Agriculture and Rural Development, export value of major farm produce hit US$1.68 billion, a year-on-year rise of 34.1%. Meanwhile, revenue from aquatic and forestry product shipments reached US$560 million and US$745 million, respective increases of 15.6% and 18.5%. 

In the month, Vietnam exported about 524,000 tonnes of rice worth US$249 million, up 56.5% in volume and 74.2% in value over the corresponding time in 2017. In the year, the rice export price averaged US$451.9 per tonne, up 0.7% compared with 2016. 

The country also earned US$338 million from selling 173,000 tonnes of coffee in the month, increases of 24% in volume and 7% in value. Rubber exports saw the sharpest rise with volume up 94.5% to 181,000 tonnes and value up 14% to US$204 million. Cashew nut exports stood at 25,000 tonnes, bringing home US$256 million, up 39.9% in volume and 56.5% in value. 

During January, vegetable and fruit exports were estimated at US$321 million, a rise of nearly 37% year-on-year. Despite a hike of 59% in volume to 13,000 tonnes, pepper export value dropped nearly 9% to only US$56 million. The ministry said agro-forestry-fishery imports in January were estimated at US$2.78 billion, a year-on-year increase of 48.1%.

VNA

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