Vietnam’s agro-forestry and fisheries exports fetch $8b in Jan-Apr

26-Apr-2012 Intellasia | Vietnamplus | 1:36 PM Print This Post

Vietnam is estimated to have reached an export turnover of nearly $8 billion dong from agricultural products, forestry products and seafood in the first four months of this year, approximately the figure of the same period last year due to the falls in both export quantity and value, according to the Ministry of Agriculture and Rural Development.

While the export turnover for forestry products reached $1.5 billion, seafood at nearly $1.9 billion, rising over the same period last year, the export turnover of staple agricultural products saw a slight fall of 6.6 percent to reach an estimate of $4.6 billion.

Some major agricultural products such as rice reached only two million tones in Jan-April worth $989 million, equalling to only 73.7 percent in quantity and value over the same period last year.

Although still being Vietnam’s biggest trade partner, the country’s export to Indonesia was equal to one third over the same period last year. Vietnam’s rice export to China and Malaysia reached approximately 20 percent each of the country’s total export turnover for rice item.

For rubber commodity, the country is estimated to have exported 258,000 tonnes of rubber, worth $754 million, rising 30.4 percent in volume but down 12.9 percent in value on year. The rubber export volume grew significantly in markets such as Malaysia (three times) and India (five times).

Notably, Vietnam’s tea export in Jan-April is estimated to have reached 39,000 tonnes valued at $55 million, up 19.1 in volume and 16.3 percent in value on year. Some big importers were Indonesia and Saudi Arabia.

Other export items such as cashew and pepper still kept growth in both quantity and value.

With major forestry and timber products, the export turnover in Jan-April is estimated to have reached $1.5 billion, rising 23.8 percent on year. Of which, wood and timber products were estimated to have reaped $1.4 billion, up nearly 25 percent on year and rattan and bamboo were estimated at $69 million, rising 6.6 percent on year.


Category: Business

Print This Post

Comments are closed.