Business

Five-month exports of agro-forestry-aquatic products up nearly 17 percent

The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
Five-month exports of agro-forestry-aquatic products up nearly 17 percent ảnh 1Five-month exports of agro-forestry-aquatic products up nearly 17 percent. (Photo: VNA)
Hanoi (VNA) – The total import and export value ofagro-forestry-aquatic products in the first five months of 2022 has beenestimated at 41.3 billion USD, up 8.6 percent year-on-year, according to theMinistry of Agriculture and Rural Development (MARD).

Of the total, export turnover was estimated at 23.2 billionUSD, up 16.8 percent, while imports reach 18.1 billion USD, down 0.3 percent.

In the period, the export value of main agriculturalproducts surpassed 9.4 billion USD, up 10.4 percent; that of main forestryproducts reached nearly 7.7 billion USD, up 7.6 percent; and aquatic productsnearly 4.8 billion USD, up 46.3 percent.

Nine products/product groups surpassed export value of 1billion USD, namely coffee, rubber, rice, cashew nuts, fruits and vegetables, tra fish,shrimp, wood products and production materials.

Five-month exports of agro-forestry-aquatic products up nearly 17 percent ảnh 2Wood processing (Photo: VNA)
Regarding export markets, the value of agricultural,forestry and aquatic product exports to Asia accounted for 41.6 percent of the marketshare, America 30.4 percent, Europe 12 percent, Oceania 1.7 percent and Africa1.5 percent.

The US was the largest importer, with turnover hittingnearly 6.5 billion USD, accounting for 28 percent of the market share. Notably,the export turnover of wood and wood products made up 67.5 percent of the totalvalue. It was followed by China with over 4.1 billion USD.

MARD said that it has stepped up bilateral and multilateralcooperation activities. Its units have focused on negotiating and promoting theexport of passion fruit and grapefruit to Australia; rambutan, star apple,custard apple, cassava slices, sugar and milk to Thailand; lemon and grapefruitto New Zealand, and bird's nest, feather products and fish meal to China./.
VNA
#Ministry of Agriculture and Rural Development #export turnover #agro-forestry-aquatic products #five months #Vietnam #Vietnamplus #Vietnam News Agency
Follow VietnamPlus

Related News

Five month import-export turnover up 15.6 percent

Five month import-export turnover up 15.6 percent

Vietnam’s import-export turnover during the first five months of this year reached 305.1 billion USD, a year-on-year increase of 15.6 percent, according to a report released on May 29 from the General Statistics Office of Vietnam (GSO).

See more

Workers process agricultural products for export. (Photo: VNA)

Vietnam's small business growth soars to a four-year high

The survey findings released in Ho Chi Minh City on March 21 show that the growth momentum is expected to accelerate in 2025, with 92% of small businesses expecting to grow, the highest projection among 11 markets surveyed.

At the meeting between French Minister of Transport Philippe Tabarot and Vietnamese Minister of Construction Tran Hong Minh in Hanoi on March 21. (Photo: VNA)

French businesses show strong interest in Vietnam’s high-speed railway project: Minister

Minh also mentioned Vietnam’s ongoing construction of Long Thanh International Airport, which will have a total capacity of 100 million passengers per year upon completion. The airport is expected to become Vietnam’s largest and serve as an international gateway, offering new opportunities for global aviation businesses, including those from France, to expand their connections in Vietnam and ASEAN, he said.

The ground-breaking ceremony for the Hon La International Port on March 21 (Photo: VNA)

Quang Binh breaks ground on 90-million-USD international port

The port features comprehensive planning with modern warehouses, logistics areas, and technical facilities. Its strategic location in the sheltered Hon La bay, protected by Hon Co and Hon La islands, provides ideal natural depth for large vessels.

SMEs face many difficulties in accessing capital. (Photo: baokiemtoan.vn)

SMEs need support policies: insiders

With nearly one million businesses and around five million business households, the private sector contributes approximately 51% of the country's Gross Domestic Product (GDP) and over 30% to the State budget. However, most small and medium-sized enterprises (SMEs) face significant barriers in scaling up and enhancing their competitiveness.

Quang Ninh plans to develop four new industrial parks (Photo: VNA)

Quang Ninh to develop four new industrial parks

To attract investment for infrastructure development in these zones, the Quang Ninh provincial People's Committee is focusing on reviewing available land and making a list of projects to attract investors for technical infrastructure construction.

A Vietjet executive performs the ribbon-cutting ceremony for the Ho Chi Minh City - Bengaluru route launch. (Photo: baodautu.vn)

Vietnam’s leading airlines to open new routes to India

Vietnam's national flag carrier Vietnam Airlines plans to launch direct flights from Hanoi to Bengaluru and Hyderabad starting in May, while private carrier Vietjet has already commenced services connecting Ho Chi Minh City to these two major Indian hubs on March 18.

Inside a steel factory in northern Vietnam. Despite signs of recovery, the industry remains below 2021 production levels (Photo: VNA)

Steel sector faces challenges

Vietnam’s steel sector is grappling with mounting challenges, including a rising volume of Chinese steel exports, domestic oversupply and global trade barriers, experts warn.