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Industry

Vietnam's farm exports climb 9.1 pct in 4 months

April 27, 2017


Abstract : Vietnam is expected to earn some 10.8 billion U.S. dollars from exports of agro-forestry-fishery products in the first four months of 2017, up 9.1 percent year-on-year, said the Ministry of Agriculture and Rural Development (MARD) on Wednesday.

HANOI, April 26 (Xinhua) -- Vietnam is expected to earn some 10.8 billion U.S. dollars from exports of agro-forestry-fishery products in the first four months of 2017, up 9.1 percent year-on-year, said the Ministry of Agriculture and Rural Development (MARD) on Wednesday.

Among the figure, the export revenue of major agricultural items hits 5.8 billion U.S. dollars, up 12 percent year-on-year.

Specifically, from January to April, the Southeast Asian country is projected to sell 1.86 million tons of rice worth 834 million U.S. dollars to world market, down 7.7 percent in volume and 6.9 percent in value year-on-year, said MARD on its website.

Meanwhile, Vietnam's coffee exports witness a yearly decrease of 10.6 percent in volume but an increase of 19.2 percent in value. Vietnam is planned to export 1.34 billion U.S. dollars worth of 592,000 tons of coffee during the four-month period.

The country's vegetable and fruit export revenue is forecast to reach around 1 billion U.S. dollars during the period, up 32.6 percent year-on-year.

China, the United States, Japan and South Korea remain the top markets for Vietnamese vegetables and fruits.

In the first four months, Vietnam's export revenue of wood and related products reaches 2.4 billion U.S. dollars, up 12.7 percent year-on-year.

The United States, China and Japan are the country's three largest wood importers, said the ministry.

At the same time, Vietnam is likely to pocket 2.1 billion U.S. dollars from shipping seafood abroad, up 8.2 percent compared to the same period of 2016.

From January to April, Vietnam also spends some 8.52 billion U.S. dollars on agro-forestry-fishery imports, up 21.4 percent year-on-year, said MARD.

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Keyword: Vietnam farm-export

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