Business

Agro-forestry-fishery exports to hit nearly 30 bln USD in 10 months

Export turnover of agro-forestry-aquatic products is expected to reach 2.74 billion USD in October, bringing the ten-month figure to nearly 29.76 billion USD, up 12.7 percent year-on-year.
Agro-forestry-fishery exports to hit nearly 30 bln USD in 10 months ảnh 1Vietnam shipped 209 million USD worth of vegetables and fruits in October (Source: VNA)

Hanoi (VNA) - Export turnover ofagro-forestry-aquatic products is expected to reach 2.74 billion USD in October,bringing the ten-month figure to nearly 29.76 billion USD, up 12.7 percentyear-on-year.

According to the Ministry of Agriculture and RuralDevelopment, export earnings from farm produce in the January-October period areestimated at 15.62 billion USD, up 15.2 percent year-on-year.

Meanwhile, the shipment of aquatic and forestry products areexpected to hit 6.73 billion USD and 6.44 billion USD, representing respectiveyear-on-year increases of 17.6 percent and 9.9 percent. 

Vietnam’s rice exports in October are expected to reach 430,000tonnes worth 206 million USD, raising the ten-month volume and value to 5.05million tonnes and 2.25 billion USD, up 22.3 percent and 21.1 percent,respectively. The average rice export prices of the nine months were 442.3 USDper tonnes, falling 1.6 percent from the same period of 2016.

Strong export price increases were seen in coffee, cashew, andrubber. The country hopes to earn 1.77 billion USD from shipping abroad 1.05million tonnes of rubber in the 10-month period, up 5.7 percent in volume and40.6 percent in value year on year.

Cashew exports hit 289,000 tonnes worth 2.87 billion USD, falling0.4 percent in volume, yet raising 23.1 percent in value.

Meanwhile, shipment of coffee is estimated at 1.17 milliontonnes to pocket 2.69 billion USD, dropping 2.5 percent.

The exports of pepper is estimated at 192,000 tonnes, worth1.02 billion USD in the reviewed time, up 20.7 percent in volume, yet reducingby 21 percent in value year on year.

Vietnam shipped 209 million USD worth of vegetables andfruits in October, raising the figure of the first ten months to 2.84 billionUSD, up 41.2 percent year on year.

China, Japan, the US and the Republic of Korea were the fourleading importers of Vietnamese vegetables and fruits.

The ministry also reported that Vietnam spent around 1.86billion USD importing agro-forestry-aquatic products in October, raising thetotal Jan-Oct import value to 22.93 billion USD, up 14.3 percent from the sameperiod last year.-VNA 
VNA
#agro-forestry-aquatic #Ministry of Agriculture and Rural Development #forestry products #coffee exports #rice exports #Vietnamplus #Vietnam News #Vietnam News Agency #Vietnamese enterprises
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