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Viet Nam’s agro, forestry and fishery exports hit 17.1 billion USD in 6 months PDF Print
Thursday, 29 June 2017 07:59

VIETRADE - According to the Ministry of Agriculture and Rural Development of Viet Nam, export turnover of agro, forestry and fishery products is estimated at 2.97 billion USD in June 2017, bringing the total export turnover of the first six months to 17.1 billion USD, up 13.1% in comparison to the same period of 2016.


During the first half of the year, export turnover of main agricultural products was estimated at 9.1 billion USD, up 15.4% in comparison to the same period of 2016; that of aquaculture products was estimated at 3.5 billion USD, up 14.1% and that of forestry products was estimated at 3.8 billion USD, up 12.8% year-on-year.


Almost all the sectors show the strong rise of exports both in volume and value compared to the same period last year such as rice, seafood, fruits and vegetables, tea, rubber, wood and wooden products, etc.


The sector witnessed the biggest rise is Fruits and Vegetables with the rise of 44.6% in comparison to the same period of 2016. In specific, the export turnover of June was estimated at 283 million USD, making the export value of the six months 1.7 billion USD. In which, China, the US, Japan and the Republic of Korea are four biggest importers of Viet Nam’s fruits and vegetables in five months, accounting for 84.7% of the total export turnover of this sector.


Viet Nam exported 413,000 tons of rice worth 182 million USD, bringing the exported volume of rice in the first six months of 2017 to 2.8 million tons worth 1.2 billion USD, up 6.3% on volume and 4.9% on value year-on-year. China remained the top export market for Viet Nam’s rice.


The export volume of rubber in June 2017 achieved 100,000 tons with the value of 158 million USD, bringing the export volume of rubber in the first six months of 2017 to 462,000 tons worth 867 million USD, up 5% on volume and 58.6% on value year-on-year.


Pepper exports were estimated at 23,000 tons in June 2017, bringing home 110 million USD. Over the first six months, the volume rose 18.3 percent to 126,000 tons but the value decreased 16.8 percent to 714 million USD. 


Coffee and cashew nuts are two products that decreased in volume but rise in value. Specifically, Viet Nam earned 259 million USD by selling 109,000 tons of coffee in June 2017. The six-month volume and value were 817,000 tons and 1.86 billion USD, down 16.7 percent and up 9.5 percent, respectively. The average export price of coffee in five months reaches 2,264 USD/ton, up 32.1% in comparison to the same period of last year. Germany and the US remained the largest importers of Vietnamese coffee with the market share of 16.8% and 14.8%, respectively.


About cashew nuts, the export turnover of six months was estimated at 149,000 tons and 1.5 billion USD, down 4.4% in volume but up 20.8% in value year-on-year. The average export price of cashew in five months was 9,562 USD/ton, up 25% year-on-year.


The ministry also reported that, the export turnover of wood and wooden products in June 2017 was estimated at 609 million USD, bringing the export value in the first six months to 3.6 million USD, up 13.2% in comparison to the same period of 2016. The top importers for this product include the US, China and Japan.


Meanwhile, fish products worth 3.5 billion USD have been exported since the beginning of this year, mostly to the US, Japan, China and the Republic of Korea, up 14.1% year-on-year basis.


Although many sectors rise in export volume and value, some sectors show the incredible decrease in term of exports such as cassava and cassava products, down 7.6% in volume and 11.8% in value.


Besides, Vietnam also spent 2.94 billion USD on importing agro, forestry and fishery products, pushing the six-month figure to 14.06 billion USD, up 25.4 percent.

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