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

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