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Agro-forestry-fishery export turnover surpasses US$40 billion

VGP - In the first eight months, total export turnover of agro-forestry-fishery sector was estimated at US$40.08 billion, representing a year-on-year increase of 18.6 percent, according to the Ministry of Agriculture and Rural Development (MARD).

Posts Khanh Phuong

August 30, 2024 5:25 PM GMT+7
Agro-forestry-fishery export turnover surpasses US$40 billion- Ảnh 1.

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The sector gained a trade surplus of US$11.8 billion.

In August, total export turnover from the sector was forecast to hit US$5.55 billion, up 12.3 percent against the same period last year.

Specifically, agricultural sector earned US$2.99 billion (up 22.6 percent); followed by forestry with US$1.45 billion (up 4.7 percent), aquaculture with US$900 million (up 5%).

The ministry reported that in the January-August period, agricultural sector pocketed US$21.32 billion, up 24 percent; forestry sector with US$10.97 billion (up 19.7 percent), aquaculture with US$6.23 billion (up 7.6 percent), and breeding with US$324 million (up 0.3 percent).

Export items with high growth rates included furniture and furniture products with US$10.24 billion, up 20.6 percent, coffee with US$4.03 billion, up 36.1 percent.

Rice export value increased by 21.7 percent year-on-year to US$3.85 billion with 6.16 million tons.

The U.S, China and Japan were the largest importers of Vietnamese agro-forestry-fishery products in which export turnover to the U.S. surged by 23.5 percent, China up 10.2 percent, Japan 4.6 percent.

Earlier, the Prime Minister challenged the agro-forestry-fishery sector to raise export value to US$54-55 billion this year./.