An Giang earns over US$600 million in exports in nine months

09:25 | 09/10/2018 Trade

The Mekong Delta province of An Giang’s export revenue in the first nine months of 2018 topped US$600 million, up 3.29 percent year on year, helping the locality fulfill 71.4 percent of its yearly target.

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An Giang estimates that its exports for the whole year will fetch over US$840 million.

According to Vo Nguyen Nam, Director of the provincial Department of Industry and Trade, the export of many strong products of An Giang such as rice and frozen seafood saw a strong rise in the period.

In the nine-month period, the province exported rice to 38 countries, including 13 Asian, 10 African and 8 European markets, at an average price of US$506.47 per tonne, up US$42 year on year.

Meanwhile, the province shipped abroad 88,790 tonnes of frozen seafood for US$213.3 million, a slight drop in volume but 24 percent rise in value, reaching 79 percent of its target for the whole year.

An Giang frozen seafood have been sold in 80 countries, mostly to Asian markets.

It is forecast that positive signs will continue to be seen in the demand for rice and frozen seafood, especially in the Philippines, Indonesia, the Republic of Korea, African countries and Cambodia.

Along with traditional markets such as the EU and the US, local firms have also focused on developing new markets such as Asian ones.

Besides, due to a rise in the demand for the products in the year-end season, seafood exports of An Giang are expected to increase. For the whole year, An Giang hopes to export 118,000 tonnes of seafood for US$270 million, a rise of 14 percent in volume and 20 percent in value year on year.

Theo VNA