HANOI, Oct 27 (Bernama) — Vietnam’s agro-fishery-forestry product exports during the first ten months of this year were estimated at US$24.61 billion, a year-on-year decrease of 3.8 per cent, according to Ministry of Agriculture and Rural Development.
Most of the key agricultural products saw a tumble in both quantity and value, Vietnam News Agency (VNA) reported.
Since January, the country has raked in US$2.26 billion from exporting 5.32 million tonnes of rice, dwindling 4.6 per cent in quantity and 11.7 per cent in value compared to the same period last year.
The same situation affected coffee and rubber exports, which saw two-digit decreases.
Some 1.05 million tonnes of coffee were sold for US$2.13 billion in the ten-month period, tapering off 29.6 per cent in volume and 31.4 per cent in value.
Meanwhile, rubber exports witnessed a slight surge of 3.5 per cent in the amount shipped abroad to 870,000 tonnes but a 15.8-per cent fall in revenue to US$1.22 billion.
In the period, tea shipments of 99,000 tonnes were worth US$170 million, down 9.1 per cent in quantity and 8.4 per cent in value.
By stark contrast, pepper and cashew exports saw stellar results. About 272,000 tonnes of cashew consumed in foreign countries brought back US$1.97 billion, escalating 6.3 per cent in volume and 18 per cent in value.
Pepper exports in ten months slid 19.6 per cent but value went up 0.5 per cent.
Pepper shipments stood at 117,000 tonnes for an export value of US$1.11 billion.
Vietnam earned US$5.47 billion from wood and wood-based product exports, picking up 7.9 per cent over the same period last year. China, Japan and the US are three biggest importers of the commodity.
The seafood sector also contributed US$5.37 billion to the total export revenue, dropping 17.7 per cent compared to the same period in 2014.
The US continued to be the leading market with 19.43 per cent of total seafood export value.
— BERNAMA
