Agro-forestry-fisheries exports up 24% in first four months of 2021
The export value of agro-forestry-fisheries products in the first four months of 2021 stood at around 17.15 billion USD, a 24.2 percent increase year-on-year.
The Ministry of Agriculture and Rural Development (MARD) has rolled out various measures to remove difficulties facing the export of agro-forestry-fisheries products and broaden markets, in order to fulfil the goal of earning at least 41 billion USD from the export of the products in 2020.
2020 has been a tough year for the agricultural sector with various risks and challenges from COVID-19 pandemic and natural disasters and climate change impacts such as drought, saltwater intrusion and flooding, according to Associate Prof. Dr. Dao The Anh, Vice Director of the Vietnam Academy of Agricultural Sciences (VAAS).
Vietnam posted solid export performance in the first quarter of 2021, and at such a growth speed, its export turnover is likely to hit 600 billion USD for the whole year, experts have said.
The import-export value of agro-forestry-fisheries products in the first four months of 2021 stood at about 32.07 billion USD, with exports estimated at 17.15 billion USD, a 24.2 percent increase year-on-year, the Ministry of Agriculture and Rural Development (MARD) has reported.
Vietnam’s consumer price index (CPI) in April was down 0.04 percent against the previous month while up 2.7 percent year on year, according to the General Statistics Office.
Vietnam witnessed the growth of exports and imports in the first four months of 2021 hitting 10-year record high with exports totalled nearly 104 billion USD, an increase of over 28 percent against the same period last year.
Vietnam imported nearly 1.2 million tonnes of raw cashew nuts worth 1.9 billion USD in the first four months of this year, increases of 300 percent and 323.5 percent year-on-year, according to the General Statistics Office.
Vietnamese rice exporters have been urged to play a more active role in utilising free trade agreements (FTAs) to which Vietnam is a party to boost falling exports.