Business

Nine-month agro-forestry-fisheries exports rise 21%

Vietnam earned 46.28 billion USD from exporting agricultural, forestry and fishery products, while spending 32.42 billion USD importing them in the first nine months of 2024, up 21% and 7.5% year-on-year, respectively.

Vietnam earns 5.87 billion USD from exporting fruit and vegetables in nine months (Photo: VNA)
Vietnam earns 5.87 billion USD from exporting fruit and vegetables in nine months (Photo: VNA)

Hanoi (VNA) – Vietnam earned 46.28 billion USD from exporting agricultural, forestry and fishery products, while spending 32.42 billion USD importing them in the first nine months of 2024, up 21% and 7.5% year-on-year, respectively.

In the period, the sector enjoyed a trade surplus of 13.86 billion USD, soaring 71.2%, according to the Ministry of Agriculture and Rural Development.

The export revenue of agricultural products reached 24.85 billion USD, up 27.7%; that of forestry products hit 12.46 billion USD, up 20.3%; fishery products 7.23 billion USD, up 9.5%; and animal husbandry products 376 million USD, up 3.8%.

All key products reported surges, including timber and wood products (11.66 billion USD, up 21.3%), fruit and vegetables (5.87 billion USD, 39.4%), coffee (4.37 billion USD, 39.6%), rice (4.37 billion USD, 23.5%), cashew nuts (3.17 billion USD, 22.5%), and shrimp (2.79 billion USD, 10.5%).

In January - September, the export value to Asia rose by 17.4%, the Americas by 26.1%, Europe by 34.6%, and Oceania by 16.1%. However, shipments to Africa saw a decrease of 0.3%.

The US, China, and Japan continued to be the three largest export markets, with the US accounting for the highest proportion at 21.6%, followed by China at 20.8% and Japan at 6.6%, statistics show./.

VNA
#agro-forestry-fisheries #Ministry of Agriculture and Rural Development #trade surplus #agricultural products #forestry products #fishery products
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