Agricultural export earnings up 13 percent
The revenue from agro-forestry and seafood exports in January is
estimated at 1.6 billion USD, a year-on-year increase of 13 percent.
The revenue from agro-forestry and seafood exports in January is
estimated at 1.6 billion USD, a year-on-year increase of 13 percent.
Of the figure, agricultural products are estimated at 910 million USD, a rise of 19.3 percent, seafood, 320 million USD, up 2.3 percent and forestry products, 320 million USD, up 1.2 percent over the same period last year.
According to the Ministry of Agriculture and Rural Development (MARD), bad weather and increase in demand due to the Lunar New Year have pushed up the price of most agricultural products.
The ministry also said that most of agricultural products for export increased in both value and volume with rubber posting an impressive rise.
Although seeing an increase of almost 29 percent in volume, the rubber industry posted a year on year increase of 83 percent in value, earning 250 million USD thanks to a record high global rubber price, which has hit nearly 5,000 USD per tonne.
Coffee exports saw a drop of 30 percent in volume, but an increase of 13 percent in value while pepper was down 7 percent in volume and up 40.7 percent in value over the same period last year.
Vietnam imported fertilisers, pesticides, timber and wooden products, animal feed and wheat worth 1.1 billion USD, a rise of 7.4 percent as compared to the same period last year, according to MARD./.
Of the figure, agricultural products are estimated at 910 million USD, a rise of 19.3 percent, seafood, 320 million USD, up 2.3 percent and forestry products, 320 million USD, up 1.2 percent over the same period last year.
According to the Ministry of Agriculture and Rural Development (MARD), bad weather and increase in demand due to the Lunar New Year have pushed up the price of most agricultural products.
The ministry also said that most of agricultural products for export increased in both value and volume with rubber posting an impressive rise.
Although seeing an increase of almost 29 percent in volume, the rubber industry posted a year on year increase of 83 percent in value, earning 250 million USD thanks to a record high global rubber price, which has hit nearly 5,000 USD per tonne.
Coffee exports saw a drop of 30 percent in volume, but an increase of 13 percent in value while pepper was down 7 percent in volume and up 40.7 percent in value over the same period last year.
Vietnam imported fertilisers, pesticides, timber and wooden products, animal feed and wheat worth 1.1 billion USD, a rise of 7.4 percent as compared to the same period last year, according to MARD./.
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