Exports of agro-forestry-aquatic products reached an estimated 22.83 billion USD in the first five months of the year, a year-on-year rise of 30.3%, according to the Ministry of Agriculture and Rural Development.
Of this, exports of major farm produce hit 7.78 billion USD, up 13%. Meanwhile, major forestry and aquatic products brought home 7.06 billion USD and 3.24 billion USD, up 61.8% and 12%, respectively. The livestock industry recorded a 43.9% growth, earning 166 million USD.
Commodities of rubber, tea, vegetables and fruit, cashew and cassava and products from cassava are the highlight of exports in May. They saw increases in both volume and value. Specifically, rubber products increased by 58.7% in volume and 93.9% in value; tea by 6.5% in volume and 10.4% in value; cashew nuts by 18.3% in volume and 4.9% in value; and cassava and cassava products by 15.6% in volume and 27.5% in value.
The US remained the biggest importer of Vietnamese agro-forestry-aquatic products in the last five months, accounting for a market share of 24.6%. It was followed by China, Japan, and the Republic of Korea, with 22.6%, 6.6% and 4.9%, respectively.
Assessing the growth in exports of agro-forestry-aquatic products over the past 5 months, Director of the Department of Agricultural Products Processing and Development Nguyen Quoc Toan said that Vietnam’s agro-forestry-aquatic products have affirmed their position in many valuable markets.
The Ministry of Agriculture and Rural Development has stepped up negotiations to connect and promote the export of fruits and seafood to China, Thailand and the EU, as well as removed difficulties and protected trade in key markets of the US and China./.