16:10 | 29/10/2015 Trade
Vietnam’s agro-fishery-forestry product exports during the first ten months of this year were estimated at 24.61 billion USD, a year-on-year decrease of 3.8 percent, according to Ministry of Agriculture and Rural Development.
Workers proceess shrimp for export at Gia Rai Company, Bac Lieu (Photo: VNA)
Most of the key agricultural products saw a tumble in both quantity and value. Since January, the country has raked in 2.26 billion USD from exporting 5.32 million tonnes of rice, dwindling 4.6 percent in quantity and 11.7 percent in value compared to the same period last year.
The same situation affected coffee and rubber exports, which saw two-digit decreases. Some 1.05 million tonnes of coffee were sold for 2.13 billion USD in the ten-month period, tapering off 29.6 percent in volume and 31.4 percent in value. Meanwhile, rubber exports witnessed a slight surge of 3.5 percent in the amount shipped abroad to 870,000 tonnes but a 15.8-percent fall in revenue to 1.22 billion USD.
In the period, tea shipments of 99,000 tonnes were worth 170 million USD, down 9.1 percent in quantity and 8.4 percent in value.
By stark contrast, pepper and cashew exports saw stellar results. About 272,000 tonnes of cashew consumed in foreign countries brought back 1.97 billion USD, escalating 6.3 percent in volume and 18 percent in value.
Pepper exports in ten months slid 19.6 percent but value went up 0.5 percent. Pepper shipments stood at 117,000 tonnes for an export value of 1.11 billion USD.
Vietnam earned 5.47 billion USD from wood and wood-based product exports, picking up 7.9 percent over the same period last year. China, Japan and the US are three biggest importers of the commodity.
The seafood sector also contributed 5.37 billion USD to the total export revenue, dropping 17.7 percent compared to the same period in 2014. The US continued to be the leading market with 19.43 percent of total seafood export value./.