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Home News Agro-forestry and fishery export expands 6.2% in Q1

Agro-forestry and fishery export expands 6.2% in Q1

alt Export turnover of agricultural, forestry and fisheries products in Q1 amounted to US$6.56 billion, picking up 6.2% from the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).
The forestry export volume increased by 16.3% to US$1.24 billion while shipments of agricultural and fisheries products dropped by 5.4% and 5.9% respectively.

Rising export value of forestry products was attributed to the growing demand from foreign markets. Chinese market saw the highest rise of 63.08%.  

The decline in export value of agricultural and fisheries products was due to a reduction in both export volume and value of many key staples.

Export turnover of rubber in Q1 fell 36.9% to 200,000 tons, down 15.9% at US$526 million.

Tea export value surged 2.5% to US$43 million, although export volume was down 14.1% at 29,000 tons.

Germany and the US are Vietnam's largest coffee importers by dominating 12.51% and 11.31% of the country's total coffee export turnover./.

By Khanh Phuong  (VGP News)


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