Agricultural, forestry, aquatic exports rise by over 20 percent

The export of agricultural, forestry products and seafood saw a dramatic rise in 2010, boosting the country’s overall export turnover.

In the first 11 months of the year, the export of this group of products reached US$13.4 billion in revenue, a 20.8 percent rise compared to the same period last year. Except for cassava, all goods recorded a growth in export revenue. The rubber exports grew by 92.8 percent, followed by cashew nuts (32.5 percent), pepper (23 percent), seafood (16.3 percent), and rice (51.4 percent).

The country’s turnover from seafood exports is expected to hit US$4.7-4.8 billion this year, the highest level so far.

The agriculture-forestry-seafood sector is likely to enjoy favourable conditions in 2011 thanks to the recovery of the global economy and especially of Vietnam’s traditional markets. – VOV

Tags: Vietnam Agricultural exports

Posted by VBN on Dec 8 2010. Filed under Import-Export, Import-Export turnover. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry