Agro-forestry–fishery exports increase in four months

Vietnam grossed 9.69 billion USD from selling agro-forestry and seafood products abroad in the first four months of 2014, a year-on-year increase of 14 percent, according to the Ministry of Agriculture and Rural Development.
Vietnam grossed 9.69 billion USD from selling agro-forestry and seafood products abroad in the first four months of 2014, a year-on-year increase of 14 percent, according to the Ministry of Agriculture and Rural Development.

Seafood was the top export industry, bringing home 2.2 billion USD, up 31 percent on an annual basis. The US topped the list, accounting for 25 percent of the total exports.

Coffee, pepper, and timber products also experienced the same trend. Vietnam exported 826,000 tonnes of coffee worth 1.65 billion USD, a rise of nearly 40 percent and 30 percent, respectively, with Germany and the US remaining the biggest importers.

However, key farm produce such as rice, rubber and tea suffered a considerable drop in both volume and value against 2013.

Rubber exports declined 18 percent by volume to 189,000 tonnes and 38 percent by value to 378 million USD. China and Malaysia still topped the list, but the consumption was on the downward trend compared to the year just gone.

Meanwhile, rice exporters earned 931 million USD from selling over 2 million tonnes, a respective reduction of 6.9 percent and 4.7 percent year-on-year. China was the largest importer, accounting for over 38 percent of the market share, followed by the Philippines with 27 percent.

Last year, Vietnam’s agro-forestry-fishery exports climbed a marginal 0.7 percent year-on-year to 27.5 billion USD.-VNA

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