Vietnam Law & Legal Forum Magazine is your gateway to the law of Vietnam

Official Gazette

Monday, September 26, 2022

Five-month exports of agro-forestry-aquatic products up nearly 17 percent

Updated: 09:44’ - 31/05/2022
       
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at USD 41.3 billion, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).

Five-month exports of agro-forestry-aquatic products up nearly 17 percent. (Photo: VNA)

Of the total, export turnover was estimated at USD 23.2 billion, up 16.8 percent, while imports reach USD 18.1 billion, down 0.3 percent.

In the period, the export value of main agricultural products surpassed USD 9.4 billion, up 10.4 percent; that of main forestry products reached nearly USD 7.7 billion, up 7.6 percent; and aquatic products nearly USD 4.8 billion, up 46.3 percent.

Nine products/product groups surpassed export value of USD 1 billion, namely coffee, rubber, rice, cashew nuts, fruits and vegetables, tra fish, shrimp, wood products and production materials.

Regarding export markets, the value of agricultural, forestry and aquatic product exports to Asia accounted for 41.6 percent of the market share, America 30.4 percent, Europe 12 percent, Oceania 1.7 percent and Africa 1.5 percent.

The US was the largest importer, with turnover hitting nearly USD 6.5 billion, accounting for 28 percent of the market share. Notably, the export turnover of wood and wood products made up 67.5 percent of the total value. It was followed by China with over USD 4.1 billion.

MARD said that it has stepped up bilateral and multilateral cooperation activities. Its units have focused on negotiating and promoting the export of passion fruit and grapefruit to Australia; rambutan, star apple, custard apple, cassava slices, sugar and milk to Thailand; lemon and grapefruit to New Zealand, and bird's nest, feather products and fish meal to China.-(VNA/VLLF)
 
 
 
 
 
 
 

 

Send Us Your Comments:

See also:

Video

Vietnam Law & Legal Forum