Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
Hanoi (VNA) – Total export revenue fromagro-forestry-fisheries products in the first three months of this year isestimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according tothe Ministry of Agriculture and Rural Development (MARD).
In March alone, the figure hit 4.85 billion USD, ayear-on-year rise of 6%. Of the total, the contribution from major agriculturalproducts was 2.75 billion USD, major forestry products 1.22 billion USD,aquatic products 653 million USD, and livestock 43.6 million USD.
In the first quarter of this year, upturn has been seen in theexport value of all exports, including agricultural products (31.1%), forestryproducts (18.8%), aquatic products (1.9%), and coffee (44.4%).
There are four products recording export revenue of over 1 billion USD, namely wood(2.32 billion USD), fruits and vegetable (1.23 billion USD), rice (1.37 billionUSD), and coffee (1.9 billion USD).
Meanwhile, many products enjoy a rise in export prices, including rice, coffee,rubber, and peppercorn.
Strong rise has been seen in the export revenue from major markets, includingAsia with 16.6%, the US 27.2%, Europe 34.8%, Oceana 22.9%, and Africa 21.6%.
So far, China, the US, and Japan have still been the three leading markets ofVietnamese agro-forestry-fisheries products, with respective consumption of20.2%, 19.9%, and 7% of Vietnam’s total export volume.
The MARD said that along with guiding farmers in applyingsuitable crop and livestock structure, it will focus on developing domestic andforeign markets for the agro-forestry-fisheries products, and creatingfavourable conditions for exporting activities./.
The agro-forestry-fisheries sector posted a trade surplus of 8.04 billion USD in the first nine months of this year, up 22.5% annually, reported the Ministry of Agriculture and Rural Development.
In the first nine months of 2023, Vietnam’s total export of agro-forestry-fisheries products hit 38.48 billion USD, down 5.1% over the same period last year, the Ministry of Agriculture and Rural Development (MARD) announced.
Vietnam ran a surplus of 9.3 billion USD in agro-forestry-fishery trade during January – October, up 26.2% from the same time last year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam earned more than 43 billion USD from agro-forestry-fishery exports in the first 10 months of 2023, a decrease of 4.2 percent over the same period last year.
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Illustrative image (Photo: VNA) 
