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Agro-forestry-fishery sector posts trade surplus of over 12 bln USD in 2023

Vietnam’s agro-forestry-aquatic exports enjoyed a record trade surplus of 12.07 billion USD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's total trade surplus, heard a press conference in Hanoi on December 29.
Agro-forestry-fishery sector posts trade surplus of over 12 bln USD in 2023 ảnh 1Vietnam’s agro-forestry-aquatic product exports enjoy a record trade surplus of 12.07 billion USD in 2023. (Photo: vneconomy.vn)
Hanoi (VNA) – Vietnam’sagro-forestry-aquatic product exports enjoyed a record trade surplus of 12.07 billionUSD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's totaltrade surplus, heard a press conference in Hanoi on December 29.

The country earned 53.01 billion USD fromagro-forestry-aquatic exports in the year. Notably, some items witnessed record high export turnover, including fruits and vegetables with 5.69 billion USD (up 69.2%), and rice,4.78 billion USD (up 38.4%).
 
Four other exports bringing home over 3 billion USD were cashew nuts (3.63billion USD), coffee (4.18 billion USD), shrimp (3.38 billion USD), and woodand wooden products (13.37 billion USD).

The country shipped approximately 2.25 billion USD worth of durian products overseas in 2023, five times higher than the 2022 figure.

Agro-forestry-fishery sector posts trade surplus of over 12 bln USD in 2023 ảnh 2Dinh Vu port in coastal city of Hai Phong. (Photo: VNA)
Agriculture continued to affirm its important position as a pillar of theeconomy, contributing to firmly ensuring food security, major balances of the nationaleconomy and stablising macroeconomy.

Total rice output nationwide reached 43.4 million tonnes, up 1.7% from 2022. Meanwhile, the aquatic production totalled 9.3 million tonnes, risingby 2.9% year-on-year.
Vietnam's ST25 fragrant rice variety won the World's BestRice 2023 award for the second time.

According to Nguyen Van Viet, Director of thePlanning Department under the Ministry of Agriculture and Rural Development, the forestry sector saw an important milestone as procedures weresuccessfully completed to transfer a reduced carbon emission volume of 10.3million tonnes to the Forest Carbon Partnership Facility (FCPF) through theWorld Bank (WB). The deal, valued at 5 USD per tonne of CO2, amounts to 51.5million USD.

Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that goodexport signals will create a premise for the agriculture sector to furtherfoster exports in 2024./.
VNA
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