Agro-forestry-aquatic product exports up 5.7% in February
Vietnam earned over 3.4 billion USD from agro-forestry-aquatic product exports in February, a year-on-year increase of 5.7%, the Ministry of Agriculture and Rural Development said.
Hanoi (VNA) – Vietnam earned over 3.4billion USD from agro-forestry-aquatic product exports in February, a year-on-year increase of 5.7%, the Ministry of Agriculture and Rural Development said.
The sector’s import-export value in the first twomonths of this year was estimated at 11.99 billion USD, down 16.8% from thesame period last year. Its exports accounted for around 6.28 billion USD, adrop of 22.5%.
After falling to the second position among Vietnam’simporters, China returned to the top spot in the first two months of the year with 1.27 billion USD or 20.2% of the market share. It was followed by the USwith some 1.19 billion USD; Japan, 563 million USD; and the Republic of Korea,302 million USD.
Transporting goods through Huu Nghi international border gate in the northern province of Lang Son (Photo: VNA)
Items that saw hikes in export revenues includedtea, up 5.1%; fruits and vegetables, 17.8%; cassava and cassava products, 32.7%;milk and dairy products, 10.2%; and meat and by-products, 14.2%.
Meanwhile, such staples as coffee, rubber, rice,cashew nuts, pepper, tra fish (pangasius), shrimp, wood and wooded products, andrattan and bamboo products experienced decreases.
To promote the consumption of farm produce, theministry said it will step up market development, remove barriers andfacilitate domestic sales and exports, while utilising free trade agreements(FTAs), especially the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) and the EU-Vietnam Free Trade Agreement(EVFTA).
The sector will also continue its coordination tosupport the protection of trademarks and geographical indications for Vietnam’spotential export items abroad. It proposed the government build a decree onthe management of Vietnam's national agricultural product brands.
Representatives from the ministry will hold workingsessions with China’s Nanning and Yunnan customs forces to seek ways to promotetrade and remove obstacles to agro-forestry-aquatic product exports.
The ministry will also organise a forum on fruit andvegetable exports within the framework of Hortex Vietnam 2023, an InternationalExhibition & Conference for Horticultural and Floricultural Production andProcessing Technology, slated for early March./.
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 (MARD).
Vietnam’s foreign trade of agro, forestry and aquatic products hit some 74.7 billion USD in the first nine months of 2022, a year-on-year rise of 10.7%, according to latest data released by the Ministry of Agriculture and Rural Development (MARD).
Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).
Vietnam’s export of agro-forestry-aquatic products hit a record revenue of over 53.22 billion USD last year, up 9.3%, including nearly 11 billion USD from aquatic products.
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Processing Tra fish for export (Photo: VNA) 
Transporting goods through Huu Nghi international border gate in the northern province of Lang Son (Photo: VNA) 
