Agro-forestry-fishery exports fetch 12.4 billion USD in four months

Hanoi (VNA) – Export revenues of agro-forestry-fishery products in April is estimated to hit 3.5 billion USD, pushing the figure in the first four months of this year to 12.4 billion USD, equivalent to the figure recorded in the same period last year, reported the Ministry of Agriculture and Rural Development.

Illustrative image (Source: VNA)

In April, export revenues of farm produce is likely to hit 1.5 billion USD, while that of aquatic products was estimated at 694 million USD, and livestock reached 46 million USD.

Meanwhile, earnings from forestry products and furniture are estimated at 875 million USD in the month and 3.27 billion USD in the first four months, up 17.8 percent year on year, resulting in a trade surplus of nearly 2.49 billion USD for the forestry sector.

Key markets for Vietnamese forestry products include the US, Japan, the EU, China and the Republic of Korea, which together consume 87 percent of the products.

Impressive export revenues were seen in rubber (559 million USD), tea (62 million USD), fruits and vegetables (1.4 billion USD), cashew nuts (922 million USD) and peppercorn (288 million USD).

At the same time, exports of aquatic products in April are likely to reach 2.48 billion USD, up 2.4 percent, including 635 million USD from tra fish and 913 million USD from shrimps.

On the contrary, falls in both export volume and value look set to be recorded in rice, coffee, cassava and cassava products. Export volume of rice dropped 8 percent and value was down 19 percent, while the respective fall of coffee were 13 percent and 19 percent, and cassava and cassava products were 14 percent and 3.3 percent.

In the month, Vietnam imported 2.68 billion USD worth of agro-forestry-fishery products and agricultural materials, raising total imports in the four months to 9.7 billion USD, up 3.2 percent year on year.

In the first four months of this year, 46,000 hectares of forests were planted, a year-on-year rise of 1.72 percent. Timber production reached 6.23 million cubic metres, up 4.4 percent year on year.

In the period, the country collected 755.24 billion VND in forest environment service fees, up 9 percent against the same period last year and 23.6 percent of the yearly target.