VN agro, fish exports exceed US$10 billion

The Ministry of Agriculture and Rural Development has reported that the turnover of the country’s agro and fish exports have reached over US$10 billion, an increase of 41.5% compared to the same period last year.
In the first five months of the year, agricultural products reached US$2.1 billion. Rice, coffee, rubber and aquatic products were the leading export products.

In the review period, the country exported 3.5 million tons of rice for almost US$1.7 billion, a decrease of 18.6% in volume and 13.3% in value year-on-year.

Coffee exports exceeded last year’s turnover, with almost US$1.8 billion. The coffee sector is set to break the 2008 record of US$2.2 billion in the next two months.

Although the nation exported only 230,000 tons of rubber in the first five months, it recorded a double increase in revenue of US$1 billion, thanks to the world’s rubber prices reaching US$4,383 per ton.

Meanwhile, in the first five months of the year, Vietnam imported nearly US$6 billion worth of raw materials for agro-forestry and fisheries production.

Tags: Vietnam Agricultural exports

Posted by VBN on May 30 2011. Filed under Agriculture, 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