Business

Export of agro-forestry-aquatic products down 9.5% in eight months

Vietnam's total export-import turnover of agro-forestry and aquatic products in the eight months of this year was estimated at 59.69 billion USD, reported the Ministry of Agriculture and Rural Development.
Export of agro-forestry-aquatic products down 9.5% in eight months ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) - Vietnam's total export-import turnover of agro-forestryand aquatic products in the eight months of this year was estimated at 59.69billion USD, reported the Ministry of Agriculture and RuralDevelopment.

Of thefigure, 33.21 billion USD was worth of exports, down 9.5% annually, but still resulting ina trade surplus of 6.72 billion USD.

In August alone, agro-forestry-aquatic products brought home4.36 billion USD from exports, down 6.5% annually.

Several commodity groups posted an increase in export value such asfruits and vegetables, rice, and coffee.

Meanwhile, rubber, tea, cashew nuts, pepper, and cassava and itsproducts saw their export prices fall by 2.6-19.6%.

China, the US, and Japan remainedthe top three importers, with China accounting for 21.9%, up 9.8%; the US20.6%, down 27.4%; and Japan 7.6%, down 10.6%.

Seizingmarket opportunities, especially in commodity groups of strength, the ministry has instructed localities to regulate production plans and boost exports, step upnegotiations and market access for official exports while expanding exportmarkets.

It is alsoworking with localities to hold the Vietnam Rice Festival 2023 inthe Mekong Delta province of Hau Giang./.
VNA
#Ministry of Agriculture and Rural Development #VIetnamplus #Vietnam News Agency #total export-import turnover of agro-forestry and aquatic products Vietnam
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