The export value of agricultural, forestry and fishery products is estimated to see a year-on-year increase of 1.4 percent to 4.3 billion USD in the first two months of 2017.
Hanoi (VNA)– The export value of agricultural, forestry and fishery products is estimatedto see a year-on-year increase of 1.4 percent to 4.3 billion USD in the firsttwo months of 2017.
The value in February alone is estimated at 1.9 billion USD,according to the Ministry of Agriculture and Rural Development.
Major farm products sawa year-on-year increase of 8.8 percent to 2.4 billion USD thanks mostly to asurge in coffee export, while seafood export value hit 844 million USD, down 3.1percent from the same period last year.
Meanwhile, the forestryindustry saw a slight increase of 0.3 percent in export value to 993 million USDin February.
In the first two months,coffee exports decreased by 7.3 percent in volume to 273,000 tonnes but went up22.3 percent in value to 616 million USDcompared with the same period last year.
Rice exports plummetedin both volume and value. Shipments dropped by 17.2 percent in volume to799,000 tonnes and by 40.6 percent in value to 248 million USD against the sameperiod last year.
Similar drops werewitnessed in other farming products, such as tea, cashew nuts, pepper; falling 6.9percent, 12 percent, and 36.3 percent, respectively in export value; and 1.4percent, 26.2 percent, and 19.8 percent, respectively in volume.-VNA
Aquatic exports are likely to increase 5 percent from last year to 7.4 billion USD in 2017, despite difficulties in overseas markets and fiercer competition, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.
The northern mountainous province of Yen Bai aims to develop comprehensive raw material and hi-tech processing facilities to boost the development of its agro-forestry-fishery sector.
The Ministry of Agriculture and Rural Development (MARD) has devised a 2017 trade promotion plan to remove obstacles in markets and increase exports of agro-forestry-fishery products.
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