Export of main agricultural products down 5.3 percent in 2019

The combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year, according to the Ministry of Agriculture and Rural Development.
Export of main agricultural products down 5.3 percent in 2019 ảnh 1Frozen clams are packaged at the factory of the Lenger Seafoods Vietnam company in Nam Dinh province (Photo: VNA)

Hanoi (VNA) – The combined export value of main agricultural products wasestimated at 18.5 billion USD in 2019, down 5.3 percent year on year, accordingto the Ministry of Agriculture and Rural Development.

Meanwhile,export earnings from fishery products were up 2.7 percent to 8.63 billion USD,and that of main forestry products up 19.2 percent to 11.2 billion USD.

Asa result, total export value of agri-forestry-fishery products in 2019 came to41.3 billion USD, an increase of 3.2 percent from 2018.

Themain export markets of Vietnam’s agri-forestry-fishery products during the yearwere China and Hong Kong (27.8 percent), the US (21.9 percent), the EuropeanUnion (11.4 percent), ASEAN (9.8 percent) and Japan (8.7 percent).

Riceexport in 2019 showed a 3.9 percent increase in volume to 6.34 million tonnesbut value was down 9.7 percent to 2.79 billion USD.

Earningsfrom vegetable and fruit also reduced by 1.9 percent to 3.74 billion USD.

Thesame situation was seen in the export of coffee, with a reduction of 15.2percent in volume to 1.59 million tonnes and a 22.4 percent decrease in valueto 2.75 billion USD.

Similarly,the export of pepper bean suffered from a 5.7 percent decrease in value to 715million USD despite an increase of 23.4 percent in volume, due to decliningexport prices.

However,goods signs were seen in overseas shipments of cassava and cassava products,which went up 3.2 percent to 2.5 million tonnes, bringing in 973 million USD, arise of 1.6 percent, despite lower export prices.  

Teaexport also recorded a 6.8 percent rise in volume to 136,000 tonnes and a 13.5 percentincrease in value to 235 million USD thanks to higher export prices.

Meanwhile,total import value of agri-forestry-fishery products declined by 1.6 percent to30.9 billion USD in 2019, resulting in a trade surplus of 10.4 billion USD./.
VNA

See more

The “Ting Ting Day” Festival opens on June 14 in HCM City (Photo: VNA)

Cashless payment festival launched in HCM City

As of 2024, Vietnam had recorded over 204.5 million bank accounts held by individual customers and 154.1 million bank cards in circulation. Nearly 87% of Vietnamese adults now have bank accounts.

A graphic image of a new terminal of Phu Quoc International Airport (Photo: CPG Consultants)

Sun Group licensed to operate Sun PhuQuoc Airways

Sun PhuQuoc Airways has a total operating duration of 50 years, with an investment capital of 2.5 trillion VND (approximately 98.81 million USD). The airline's main operations hub is located at Van Don International Airport, Van Don district, Quang Ninh province.

Real estate bonds issued from June-December are expected to be worth about 79.77 trillion VND. (Photo: chinhphu.vn)

Real estate bond market rebounds in May

May also witnessed a significant volume of early redemptions. Businesses repurchased bonds worth about 15.86 trillion VND before maturity - an increase of 6.7 % compared to the same period in 2024.

Domestic fuel prices adjusted upward from 3pm on June 12. (Photo: VNA)

Fuel prices continue upward trend on June 12

The price of E5 RON92 petrol is now capped at 19,462 VND (0.75 USD) per litre, up 199 VND from the previous adjustment, while RON95-III costs no more than 19,967 VND per litre, up 269 VND.