Agro-forestry-fishery product export turnover reaches over $15b

Vietnam’s total export turnover of agro-forestry-fishery products in December is estimated at over $1.3 billion, bringing this year’s total export turnover to $15.34 billion, down nearly 7 percent against previous year, according to the Ministry of Agriculture and Rural Development.

In particular, agricultural products reached $7.8 billion, down nearly 11 percent year-on-year, fishery at $4.2 billion, down 6.7 percent and forestry products at $2.74 billion or 11 percent fall year-on-year.

Statistic also showed this year 5.8 million tonnes of rice would be exported, earning nearly $2.6 billion, increasing 22.7 percent year-on-year in quantity but down over 10 percent in export turnover.

Coffee export turnover also tumbled with export quantity of 1.1 million tonnes, earning only $1.7 billion meanwhile 2008′s coffee export was only 1.06 million tonnes with an export turnover of up to $2.1 billion.

Rubber export price increased about $200-220 per tonne. In 2009, Vietnam exported 720,000 tonnes of rubber, earning $1.2 billion, up 9.4 percent in quantity but down 26 percent in value.

Vietnam is amongst the world’s leading cashew exporters with an export quantity of 175,000 tonnes of cashew in 2009, earning $840 million, up 6 percent in quantity but accounting for only 92 percent of last year’s export turnover.

Among export agricultural products, tea export increased in both quantity and value in 2009 with 133,000 tonnes of tea, bringing an export turnover of $178 million, increasing 27 percent in quantity and 21 percent in value year-on-year.

The global economic crisis reduced the demand of wood and wooden products importers like EU markets decreased about 30 percent and the US some 10 percent against previous year. Therefore, in 2009, Vietnam earned only $2.5 billion from wood and wooden product exports, down over 10 percent year-on-year.

Fishery product export earned some $4.2 billion, down over 6.7 percent year-on-year.

Along with export, Vietnam is importing many commodities such as fertiliser with $1.4 billion, pesticides and raw materials at $485 million, wood and wood products $894 million, wheat $317 million, animal feed and raw materials for production $1.75 billion.

 

Category: Business