AGRO-FORESTRY-FISHERY EXPORTS TOP US$28 BILLION IN JAN-MAY

A farmer harvests coffee - PHOTO: C. PHONG

HCMC – Vietnam’s exports of agricultural, forestry, and fishery products amounted to over US$28 billion between January and May, up by 15.1% against the same period last year, according to the Ministry of Agriculture and Environment.

Of the total, agricultural exports reached US$15.29 billion, up by 16.3%, while livestock exports brought in US$217.2 million, a year-on-year increase of 11.7%.

Seafood exports rose by 15.1% to US$4.11 billion, and forestry exports reached US$7.48 billion, up by 11.7%.

Coffee emerged as a key export item, with shipments totaling 835,900 tons and generating US$4.79 billion in revenue, a 0.9% uptick in volume and a 65.1% surge in value over the same period last year. The average export price over the five-month period rose by 63.7% to US$5,726.2 per ton.

Vietnam exported 4.5 million tons of rice in the first five months of the year, generating US$2.34 billion in revenue. Despite a 12.2% increase in volume from a year earlier, export value declined 8.9% as the average price edged down by 18.7% to US$516.4 per ton.

Asia remained Vietnam’s largest market for agricultural, forestry, and seafood products, accounting for 42% of the total exports, followed by the Americas with 23% and Europe with 16.1%. Africa and Oceania made up 3.3% and 1.3%, respectively.

During the period, exports to Asia inched up by 1.8% year-on-year, while shipments to the Americas soared by 17.2% and to Europe surged by 46.8%. Exports to Africa jumped by 94.1%, and those to Oceania increased by 4.6%.

Source: The Saigon Times