Agro-forestry-fishery exports hit US$15.6 billion in five months

08:14 | 03/06/2018 Trade

Export revenue of agroforestry-aquatic products hit US$3.2 billion in May, bringing the five-month figure to US$15.6 billion, up 9.9 pct year-on-year, according to the Ministry of Agriculture and Rural Development.

Processing cashew nuts at Phúc An Company - Photo: VNA

During the first five months of the year, earnings from farm produce exports were estimated at US$8.25 billion, up 9.6 pct year-on-year. Meanwhile, revenues from shipments of aquatic and forestry products reached US$3.12 billion and US$3.4 billion, respective increases of 9.7 pct and 8.7 pct.

Vietnam exported 452,000 tonnes of rice worth US$347 million in May, raising the five-month volume and value to 2.66 million tonnes and US$1.45 billion, up 13.9 pct and 40 pct, respectively. China remained the top importer of Vietnam’s rice.

Cashew exports were estimated at 139,000 tonnes in May, bringing in US$1.3 billion. Over the first five months, the volume rose 19 pct and the value was up by nearly 23 pct compared to the same period last year.

Meanwhile, the country earned US$265 million from selling 135,000 tonnes of coffee in May. The five-month volume and value were 820,000 tonnes and US$1.6 billion, up 16 pct and down 0.8 pct, respectively.

The ministry also reported that Vietnam spent US$2.84 billion on importing agroforestry-aquatic products, pushing the five-month figure to US$12.29 billion, up 10.6 pct year-on-year.

Theo NDO