Agro-forestry-fishery exports target 35 billion USD next year

During the first half of the year, farm produce export earnings were estimated at US$9.1 billion, up 15.4 percent year-on-year. Meanwhile, revenues from aquatic and forestry product shipments reached US$3.5 billion and US$3.8 billion, respective increases of 14.1 percent and 12.8 percent.  Vietnam exported 413,000 tonnes of rice worth US$182 million in June, raising the six-month volume and value to 2.8 million tonnes and US$1.2 billion, up 6.3 percent and 4.9 percent, respectively. China remained the top importer of rice from Vietnam.  Pepper exports were estimated at 23,000…... [read more]

Export turnover of agro-forestry-aquatic products hit 2.97 billion USD in June, bringing the six-month figure to 17.1 billion USD, up 13.1 percent year-on-year, according to the Ministry of Agriculture and Rural Development.  During the first half of the year, farm produce export earnings were estimated at 9.1 billion USD, up 15.4 percent year-on-year. Meanwhile, revenues from aquatic and forestry product shipments reached 3.5 billion USD and 3.8 billion USD, respective increases of 14.1 percent and 12.8 percent.  Vietnam exported 413,000 tonnes of rice worth 182 million USD in June, raising the six-month volume and value to 2.8 million tonnes and…... [read more]

Illustrative image (Source: VNA)  Hanoi (VNA) – Export turnover of agro-forestry-aquatic products hit 2.97 billion USD in June, bringing the six-month figure to 17.1 billion USD, up 13.1 percent year-on-year, according to the Ministry of Agriculture and Rural Development. During the first half of the year, farm produce export earnings were estimated at 9.1 billion USD, up 15.4 percent year-on-year. Meanwhile, revenues from aquatic and forestry product shipments reached 3.5 billion USD and 3.8 billion USD, respective increases of 14.1 percent and 12.8 percent. Vietnam exported 413,000 tonnes of rice worth 182 million USD in…... [read more]

Vietnam’s Ministry of Agriculture and Rural Development (MARD) launched a new department on Wednesday aiming to “rescue” the country's farm products. Despite its agricultural strengths, Vietnam simply isn't consuming its own agro-products. Weak connections between farmers and traders and an inability to forecast the market have led to overproduction, leaving farmers and producers on the brink of bankruptcy. Local people have even been asked to step in and buy up excess supplies of bananas, watermelons and pork since the beginning of the year. The department will offer market forecasts and monitor the consumption of domestic farm products, then coordinate…... [read more]

According to the Ministry of Agriculture and Rural Development, several agricultural products have maintained stable growth in both volume and value, with some commodities seeing a strong surge, including coffee, cassava and products from cassava. In the reviewed period, the country shipped abroad 1.4 million tonnes of coffee worth US$3 billion, representing year-on-year rise of 37.7 percent in volume and 32.7 percent in value. The two largest export markets for Vietnamese coffee products were the US, accounting for 12.1 percent of the export value, and Germany, representing 12 percent. Cassava exports reached over 3.6 million tonnes, earning US$1.13 billion, up…... [read more]

However, major farm products such as rice, coffee, tea, and cassava saw a considerable fall in both value and volume due to global market fluctuations and adverse weather. The Ministry of Agriculture and Rural Development reported export earnings of major farm products fetched US$13.1 billion, down 11.9%, seafood exports notched up US$6.7 billion, up 10%, and major forestry products generated US$5.65 billion from exports, up 15.1%. Vietnam shipped 1.32 million tonnes of coffee abroad for US$2.75 billion in 2013, down 23.6% in volume and 25% in value compared to 2012. Germany and the US remain Vietnam’s largest coffee consumers, making…... [read more]

Most notably, the bright spots were in rice exports to emerging markets in Africa, West Asia and South Asia, which accounted for 27% of the total agro-forestry-fisheries exports for the period and experienced significant on-year growth. In the January-February period total agricultural exports for rice, pepper, tea, and cashew nuts to these markets combined jumped 14.2% compared to last year’s same two-month period to US$215.4 million. Another bright spot was the two markets of Ghana and Ivory Coast, which have resumed the import of Vietnamese rice with exports reaching US$30.1 million and US$22.3 million respectively. Notably, the rice, pepper, cashew…... [read more]

The ministry estimates key agricultural exports will be valued at US$1.17 billion, up 46.6 percent; seafood at US$376 million, up 3.5 percent; and key forestry products at US$447 million, up 46 percent. Vietnam shipped 534,000 tonnes of rice abroad for US$259 million in January, increasing 108 percent in volume and 76.4 percent in value. But, rice prices fell 10.8 percent on average to US$458/tonne. Last year, China was Vietnam’s largest rice consumer, importing 6.7 times its 2011 volume. Other markets including Indonesia, Singapore and Senegal all fell considerably. Coffee export earnings rose 70.7 percent in January to US$387 million. Last…... [read more]

Most agricultural products went up in volume but down in revenue as prices continued to slump due to the impact of the current global financial crisis, reported the Ministry of Agriculture and Rural Development (MARD). Agricultural exports reached US$4.34 billion, equivalent in value to the same period last year, while forestry products dropped by 19 percent to earn just US$1.2 billion. Exports of seafood products fared no better during this period, with turnover hitting only US$1.7 billion, down 11 percent from the same period last year. Some products, including coffee and tea, were up in volume but down in value.…... [read more]

The export turnover of agricultural products was US$3 billion, a year-on-year increase of 5 percent, seafood (US$ 1.2 billion), up 17 percent and forestry products (US$ 1.1 billion), up 33 percent. Seafood including pangasius (tra and basa fish) and frozen shrimp remained Vietnam’s key export items, reaching earnings of US$307 million and US$220 million, respectively and marking increases of 15 percent and 11 percent over the same period last year. The EU continues to be Vietnam’s top seafood export market followed by Japan and the US. Meanwhile, rice, rubber and pepper also saw high increases in export volumes and turnover.…... [read more]




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