Agro-forestry, seafood exports up

Workers process seafood at a factory in Vietnam (Photo: Vietnam News Agency)

Exports of agro-forestry and seafood products in the first four months of the year went up 12.8 percent against the same period last year, said the Ministry of Agriculture and Rural Development.

Turnover of exports of agro-forestry and seafood products was 5.6 billion USD, and in April alone was 1.6 billion USD, with agricultural products accounting for 890 million USD, seafood products 350 million USD and forestry products 300 million USD.

Exports of wooden products in April had the highest increase compared to previous months of the year, taking the total export revenue in the first fourth months of the year to more than 1 billion USD, up 35.3 percent against the same period last year.

With this growth, the target of fetching 3 billion USD from wooden product exports this year is likely to be met, according to the ministry.

Seafood product exports in the four-month period of the year have increased by 17.4 percent to 1.2 billion USD, with exports of tra and basa fish and shrimp rising by 15.6 percent and 11.7 percent, respectively.

The EU market continues to lead in importing Vietnamese seafood products, followed by Japan and the US .

Rice exports have reached 2.14 million tonnes worth 1.2 billion USD, a drop of 13.8 percent in volume. It was equal in value compared to the same period last year.

Export revenues of rubber, pepper and tea all increased in the first four months of the year, with export revenue of rubber increasing more than two times compared to the same period last year to 445 million USD. However, exports of coffee have fallen by 21.9 percent to 651 million USD.

Meanwhile, imports of agricultural materials and products have reached nearly USD5 billion in the reviewed period, an increase of 77 percent year-on-year.

Source: Vietnam News Agency

Other news