Q1 agro-forestry-fishery export value down from last year

12:07 | 27/03/2015 Trade

Vietnam’s export revenue from agro-forestry-fishery products in the first three months of this year has been estimated at 6.13 billion USD, a 13.2 percent decrease from the figure recorded in the same period during 2014.

Q1 agro-forestry-fishery export value down from last year

Vietnam’s export revenue from agro-forestry-fishery products experienced a year-on-year decrease of 13.2 percent. (Photo: VNA)

Of the total figure, farm produce exports were valued at 2.92 billion USD , down 15.1 percent; seafood exports generated 1.27 billion USD , an annual decline of 20.6 percent; and forestry product exports brought home 1.5 billion USD, a drop of 0.4 percent, according to the Ministry of Agriculture and Rural Development.

Tea, cashew nut and pepper all saw decreases in export volume but increases in value. During the three months, Vietnam exported 24,000 tonnes of tea, 51,000 tonnes of cashew nut and 38,000 tonnes of pepper for 38 million USD, 370 million USD and 342 million USD, respectively.

Coffee and rice exports recorded drops of both volume and value during the reviewed period.

The country shipped abroad 350,000 tonnes of coffee worth 734 million USD in the first three months, drops of 41.4 percent in volume and 37.3 percent in value. Meanwhile, 1.01 million tonnes of rice were sold, earning 440 million USD, down 28.1 percent in volume and 32 percent in annual value.

Despite reducing its orders from Vietnam , China is still Vietnam ’s largest rice importer with nearly 21 percent of the market share.

Source VNA

Theo ven.vn