The agro-forestry-fishery export turnover in 2022 posted a new record, hitting over 53.2 billion USD in 2022, a year-on-year increase of 9.3%, according to the Ministry of Agriculture and Rural Development (MARD).
Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development.
Although the Regional Cooperation Economic Partnership (RCEP) agreement boasts no breakthrough in import tariff reduction, less stringent requirements on origin tracing will help businesses optimise incentives from signatories.
The total export turnover of agricultural, forestry and aquaculture products reached 24.23 billion USD in the first six months of 2021, an increase of 28.2 percent compared to the same period of 2020, according to the Ministry of Agriculture and Rural Development (MARD).
The Ministry of Agriculture and Rural Development (MARD) will make major efforts to reach the 2020 growth target of 2.5-3 percent, with total agro-forestry-fishery export value to be about 41 billion USD, Minister Nguyen Xuan Cuong said on June 29.
With Vietnam’s main agro-forestry-fishery export markets after China such as the US and Europe being hit by the new coronavirus-caused acute respiratory disease (COVID-19), Vietnamese exporters are suffering.
Vietnam exported 30.02 billion USD worth of agro-forestry-fishery products in the first nine months of 2019, a year-on-year rise of 2.7 percent, according to the Ministry of Agriculture and Rural Development.
The agro-forestry-fishery sector raked in an estimate 3.64 billion USD from exports in August, raising the total value in the first eight months of the year to 26.6 billion USD, up 1.6 percent year on year, according to the Ministry of Agriculture and Rural Development.
As many as 732 domestic businesses have obtained the Forest Stewardship Council Chain of Custody (FSC/CoC) Certification, taking the lead in Southeast Asia.
Exports of agro-forestry-fishery products in the first four months of the years were estimated at 12.3 billion USD, a year-on-year surge of 11.9 percent, according to the Ministry of Agriculture and Rural Development.
The export of farm, forestry and fishery products in March reached 3.1 billion USD, bringing the total export value of the items in the first quarter of this year to 8.7 billion USD.
The export value of agricultural, forestry and fishery products is estimated to see a year-on-year increase of 1.4 percent to 4.3 billion USD in the first two months of 2017.
The Ministry of Agriculture and Rural Development (MARD) has devised a 2017 trade promotion plan to remove obstacles in markets and increase exports of agro-forestry-fishery products.