According to the Ministry of Agriculture and Rural Development, exports of agricultural, forestry and fishery products have begun to show signs of improvement. The sudden increase of rice and vegetable products is helping the whole industry gradually regain its form.
The Ministry of Agriculture and Rural Development (MARD) said that in July, the export of agricultural, forestry and fishery products was estimated at $4.62 billion, up 5.3% from the previous month.
Contribution to the whole industry, agricultural products reached 2.32 billion USD, up 27%; livestock production reached 45 million USD, up 35.6%; seafood reached 800 million USD, down 15%; forest products reached 1.24 billion USD, down 11%; production input reached 210 million USD, up 12.7%.
Exports of fruit and vegetable products increased sharply this year.
Generally, in 7 months, the total export turnover of the agricultural sector is estimated at 29.13 billion USD, down 9.1%. Which, several products fell sharply such as seafood reaching US$4.95 billion, down 25.4%; forest products 7.8 billion USD, down 25.5%; production input reached 1.13 billion USD, down 25.1%.
In the opposite direction, the export of agricultural products reached nearly 15 billion USD, up 13.2%. In particular, the export of vegetables and fruits reached 3.23 billion USD, up 68.1%; rice 2.58 billion USD, up 29.6%; cashew nuts 1.95 billion USD, up 9.8%; coffee 2.76 billion USD, up 6% and livestock products 276 million USD, up 27.4%.
Regarding the market, the Ministry of Agriculture and Rural Development said that China, the US and Japan continue to remain the three largest export markets for agricultural, forestry and fishery products. Which, the Chinese market accounted for 21.9% of the export value of the agricultural sector (up 12.5% over the same period last year); The US accounted for 20.4% (down 29.3%) and Japan accounted for 7.6% (down 6.9%).
