Agro-forestry-fisheries exports up over 24% in Jan-Apr

With import value of US$14.93 billion, Vietnam posted a trade surplus of about US$2.2 billion, down 41.1% year-on-year, according to the ministry.

The export value of main agricultural products was estimated at US$5.9 billion, up 9% year-on-year, while the figure for key forestry products was US$5.33 billion and fisheries products US$2.39 billion, increases of 50.9% and 6.1%, respectively, year-on-year.

Upturns were seen in the export of many products, including rubber (nearly 112%), tea (nearly 8%), rice (1.2%), fruit and vegetables (9.5%), cassava and cassava products (24%), breeding products (37.4%), tra fish (nearly 3%), shrimp (5.5%), and furniture (over 71%).

Falls, meanwhile, were recorded in the export value of coffee, at 11.6%, and cashew nuts, at 7.8%.

Asian markets consumed 46.9 percent of Vietnam’s agro-forestry-fisheries products during the period, while the Americas accounted for 27.6 percent, Europe 10 percent, Oceania 1.4 percent, and Africa 1.4 percent.

The four leading markets were the US, China, Japan, and the Republic of Korea.

Vietnam also spent US$5.01 billion in the first four months on importing agro-forestry-fisheries products, with US$1.38 billion outlaid on breeding products, 679 million USD on aquatic products, US$997.4 million on major forestry products, and US$2.31 billion on input materials.

The ministry will continue to keep domestic firms informed about new sanitary and phytosanitary (SPS) regulations in major export markets, while maintaining its close watch over the production, price, and supply of farm produce in localities around the country.