Agro-forestry-fishery trade surplus jumps over 62% in 10 months
The agricultural, forestry, and fishery trade surplus reached 15.21 billion USD in the first 10 months, up 62.2% compared to the same period last year, the Ministry of Agriculture and Rural Development has reported.
Dak Lak province currently hosts 17 durian processing enterprises equipped with freezing and cold storage facilities, with a combined annual capacity of approximately 120,000 tonmes. (Photo: VNA)
Hanoi (VNA) – The agricultural, forestry, and fishery trade surplus reached 15.21 billion USD in the first 10 months, up 62.2% compared to the same period last year, the Ministry of Agriculture and Rural Development has reported.
The sector’s total export revenue amounted to 51.74 billion USD, an annual increase of 20.2%.
Of the sum, agricultural exports contributed the most with 27.38 billion USD, up 25.6% year-on-year; livestock products earned 423.5 million USD, a 2.7% rise; fishery and forestry export turnovers grew by 12% and 19.9% to stand at 8.33 billion USD and 4.05 billion USD, respectively; and salt exports brought in 4.6 million USD, a slight decline of 0.2%.
The US remained Vietnam’s largest market, occupying a 21.6% share, followed closely by China at 21.5%, and Japan at 6.5%. Compared to last year, Vietnamese agro-forestry-fishery exports to the three markets were 25.9%, 11.4%, and 5.9% higher, respectively.
In the ten-month period, the sector imports worth 36.53 billion USD, a year-on-year growth of 8.5%.
ꦦ Currently, six agricultural goods maintain trade surpluses exceeding 1 billion USD. They are wood and woodwork products with a surplus of 10.91 billion USD, fruits and vegetables 4.47 billion USD, coffee 4.33 billion USD, rice 3.68 billion USD, shrimp 2.92 billion USD, and Tra fish 1.54 billion USD./.
Vietnam has recorded an estimated agro-forestry-fishery trade surplus of 8.28 billion USD during the first half of 2024, surging 62.4% year on year, said the Ministry of Agriculture and Rural Development (MARD).
Deputy Minister of Agriculture and Rural Development Hoang Trung on June 6 held talks with Zhao Zenglian, Vice Minister of the General Administration of Customs of China (GACC), in a bid to enhance the countries’ agro-forestry-fishery trade.
Vietnam shipped an estimated 24.14 billion USD worth of agro-forestry-fishery products overseas during January-May, up 21% against the same time last year, according to the Ministry of Agriculture and Rural Development (MARD).
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