Agro-forestry-fishery exports up 2.7 percent in nine months
Vietnam exported 30.02 billion USD worth of agro-forestry-fishery products in the first nine months of 2019, a year-on-year rise of 2.7 percent, according to the Ministry of Agriculture and Rural Development.
Hanoi (VNA) – Vietnam exported30.02 billion USD worth of agro-forestry-fishery products in the first ninemonths of 2019, a year-on-year rise of 2.7 percent, according to the Ministryof Agriculture and Rural Development.
Also in the reviewed period, the country spent 23.16billion USD on agro-forestry-fishery imports, down 1.2 percent from the sametime last year.
The nine-month export growth was mainly driven by forestry products thatreached 7.93 billion USD, up 18 percent, and livestock 530 million USD, up 8.6percent.
Products with export turnover of more than 2billion USD include wood and timber products, coffee, rice, cashew nut,vegetables and fruit, and shrimp./.
The export value of forestry products is projected to hit 5.85 billion USD between January and August this year, increasing 13 percent on year and accounting for 23 percent of Vietnam’s total agro-forestry-fishery export.
The agriculture industry posted a year-on-year growth of 2.68 percent in the first quarter of 2019, despite an array of difficulties caused by the African swine fever and unstable export markets, mainly driven by the seafood and forestry sector.
The agro-forestry-fishery sector raked in an estimate 3.64 billion USD from exports in August, raising the total value in the first eight months of the year to 26.6 billion USD, up 1.6 percent year on year, according to the Ministry of Agriculture and Rural Development.
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