Coffee export revenues down 32 percent in nine months (Photo: VNA)
The agro-forestry-fisheries export turnover in September was estimated at 2.15 billion USD, bringing the nine-month figure to 21.65 billion USD, down 5 percent against the same period last year.
Export revenue from key farm produce stood at 10.29 billion USD, down 7.2 percent, according to the Ministry of Agriculture and Rural Development.
Strong decreases were seen in coffee (32 percent), rubber (13.7 percent) and rice (15.7 percent).
Specifically, Vietnam shipped 4.47 million tonnes of rice abroad and raked in 1.92 billion USD, down 10 percent in volume and 15.7 percent in value.
The average export price of rice dropped 5 percent year-on-year to nearly 431 USD per tonne.
China remains the biggest rice importer of Vietnam, accounting for around 35 percent of the market share. Grain exports to Malaysia and Ghana strongly increased by 24 percent and 16 percent, respectively.
By the end of the third quarter, Vietnam grossed 1.96 billion USD from selling 961,000 tonnes of coffee, respective declines of 32 percent and 31 percent year-on-year.
The average export price of coffee stood at 2,054 USD per tonne, down 0.23 percent yearly.
Meanwhile, rubber exporters earned 1.06 billion USD from shipping 740,000 tonnes of products, up 6.6 percent in terms of volume but down 13.7 percent in value.
Among farm produce, the pepper market is thriving with increasing export prices and global appetites. The sector earned 1.04 billion USD from shipping 110,000 tonnes of pepper overseas.
Cashew nut brought in 1.78 billion USD from the export of 245,000 tonnes.
Prices of key aquatic products such as ‘tra’ fish and shrimp were not optimistic, causing seafood export turnover to drop 17.8 percent to 4.69 billion USD. The most considerable decrease was posted in the US market (30 percent).
Exports of key forestry products reached 5.03 billion USD, a yearly rise of 6.6 percent.-VNA
