Business

Agro-forestry-fishery export value picks up 11.9 percent

Exports of agro-forestry-fishery products in the first four months of the years were estimated at 12.3 billion USD, a year-on-year surge of 11.9 percent, according to the Ministry of Agriculture and Rural Development.
Agro-forestry-fishery export value picks up 11.9 percent ảnh 1Cashew processed for exports (Photo: VNA)

Hanoi (VNA) – Exports of agro-forestry-fishery products in the firstfour months of the years were estimated at 12.3 billion USD, a year-on-yearsurge of 11.9 percent, according to the Ministry of Agriculture and RuralDevelopment.

The country raked in 6.5 billion USD from exports of main agriculturalproducts, 2.4 billion USD from seafood and 2.7 billion USD from main forestryproducts, up 11.9 percent, 13 percent and 7.9 percent from the same time lastyear, respectively.

During the period, the country shipped 2.16 million tonnes of rice abroad,earning 1.1 billion USD, year-on-year increases of 21.7 percent in volume and37.7 percent in value.

Average export price for rice in the first quarter of this year gained 15percent to reach 501 USD per tonne. China continued to be the largest importerof Vietnamese rice when it purchased 411,600 tonnes, or 29.1 percent of therice market share.

Rice export enjoyed strong growth in Indonesia (up 378 times), Iraq (up 16.7times), Malaysia (up 3.3 times), Ivory Coast (up 67.1 percent), Ghana (up 57.4percent), China’s Hong Kong (up 46.2 percent) and Singapore (up 24.6 percent).

In the January-April period, cashew export experienced sound expansion interms of both volume and value. Some 103,000 tonnes of cashew were shippedabroad at a value of 1.04 billion USD, rising 23.1 percent in quantity and 31.9percent in value from the same time last year.

The US, China and the Netherlands remained three top importers of Vietnamesecashew. They made up of 34.4 percent, 13.6 percent and 13.3 percent of themarket share, respectively.

The export value of vegetable went up nearly 30 percent to over 1.32 billionUSD in the period.

Earnings from coffee regained a slight rise of 0.4 percent to 1.3 billion USDdespite an 18.1 percent increase in volume with 691,000 tonnes. Meanwhile, theexport value of cassava went up 3.2 percent to 376 million USD in the period.

In a stark contrast, rubber and pepper saw their export values down of 21.4percent and 33.2 percent, respectively.

The ministry estimated that the country splashed out 9.5 billion USD onpurchasing foreign agro-forestry-fishery products in the four-month period,growing 11.7 percent from the same months in 2017.-VNA
VNA
#Exports of agro-forestry-fishery products #first four months #12.3 billion USD #a year-on-year surge of 11.9 percent #Ministry of Agriculture and Rural Development #rice export #cashew export #export value of vegetable #Vietnam News Agency #Vietnamplus
Follow VietnamPlus

Related News

Vietnamese agro-forestry-fishery products introduced in Egypt

Vietnamese agro-forestry-fishery products introduced in Egypt

Vietnamese agro-forestry-fishery and handicraft products have been introduced at the 51st Cairo International Fair that opened on March 14 in Egypt’s capital city, drawing visitors and businesses, especially those from the Middle East and North Africa.

See more

Wind energy is expected to be a source of clean power. (Photo: VNA)

Germany invests 50 million USD in renewable energy workforce training in Vietnam

The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.

ITM Semiconductor Vietnam Co., Ltd. in VSIP Industrial Park, Tu Son, Bac Ninh has always been given favorable conditions by the locality for production and business. (Photo: VNA)

Bac Ninh exerts efforts to ensure businesses thrive

To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.

Vietnamese Ambassador to Sweden (second, from left) Tran Van Tuan meets with representatives of H&M. (Photo: moit.gov.vn)

H&M, Nordic businesses seek suppliers in Vietnam

The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.

Minister of Industry and Trade Nguyen Hong Dien at the 15th National Assembly’s 9th session on June 17 (Photo: VNA)

Vietnam ramps up efforts against counterfeit goods amidst challenges: Minister

Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.