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Farm product exports gross US$20.26 billion in five months

VGP - The total export and import value of Viet Nam’s agro-forestry-aquatic products hit US$36.96 billion in the first five months of the year, according to figures compiled by the Ministry of Agriculture and Rural Development.

Posts Thuy Dung

May 30, 2023 5:46 PM GMT+7
Farm product exports gross US$20.26 billion in five months - Ảnh 1.

The above total includes US$20.26 billion in export revenue, a year-on-year decrease of 11.1 percent, while imports surpassed US$13.15 billion, down 21.1 percent.

So far this year, the nation has grossed US$7.11 billion in trade surplus in trading products from the sectors of agriculture, forestry, and fishery.

During the five-month period, shipments of key agricultural products totaled more than US$10.3 billion, up 9.9 percent.

Elsewhere, aquatic exports saw a decrease of 25.9 percent to reach US$3.47 billion, whilst forestry exports also reduced by 26.8 percent to nearly US$5.52 billion during the reviewed period. In contrast, animal products rose by 34.5 percent to US$190 million.

Farm product exports to Asia stood at US$9.73 billion, up 2.3 percent; America US$4.42 billion, down 34.6 percent; Europe US$2.42 billion, down 13.2 percent; Africa US$327 million, down 5.6 percent and Oceania US$280 million, down 28 percent. 

China, the U.S. and Japan remained the country's biggest buyers, accounting for 20.4 percent, 19.8 percent and 7.8 percent of the total export value./.