Farm produce exports grow strongly despite COVID-19
Despite complicated developments of the COVID-19 pandemic, export revenues from agricultural products have increased strongly so far this year, greatly contributing to the country’s economic growth.
Illustrative image (Source: laodong.vn)According to the Ministry of Agriculture and Rural Development (MARD), with export revenues of 28.6 billion USD, up 26.7 percent year on year, and import turnover of 24.7 billion USD, the agriculture sector enjoyed a trade surplus of 3.9 billion USD in the first seven months of 2021.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that export revenues of major agricultural products hit 12.2 billion USD, a year-on-year rise of 15.1 percent, while earnings from forestry products rose 54 percent to about 10.2 billion USD, seafood up 12 percent to 4.9 billion USD and livestock increased 16 percent to 245 million USD.
Particularly, strong growth was seen in exports of product groups with revenues of over 2 billion USD, including rubber, wooden furniture and aquatic products, he said.
In order to complete the target of about 44 billion USD in exports of farm produce in 2021 in the context of COVID-19, MARD has coordinated closely with ministries, sectors and localities to roll out comprehensive measures to adjust production plans and crop structure to ensure the highest productivity.
At the same time, the sector will strengthen processing of the products and expand export markets, while working to remove trade and technical barriers for Vietnamese farm produce in foreign markets.
The ministry will foster connectivity among businesses, localities and Vietnamese representative offices abroad to increase exports of agricultural products, especially lychee and longan to the EU, UK, China and Japan, while making risk assessments of cassava residue for exporting to China./.
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