AGRO-FORESTRY-FISHERY EXPORTS PUT AT US$23.04 BILLION IN JAN-APR

Workers process tra fish for export at a facility - PHOTO: ARCHIVES

HCMC – Vietnam’s agro-forestry-fishery exports in the first four months of the year amounted to an estimated US$23.04 billion, up 5.4% year-on-year, with Asia accounting for 44.1% of the total, according to the Ministry of Agriculture and Environment.

In April alone, export revenue was put at US$6.05 billion, down 3.8% from the previous month and 0.8% from a year earlier.

By category, agricultural products generated US$12.16 billion, up 1.5%; livestock products US$245 million, up 45.5%; seafood US$3.59 billion, up 11.9%; forestry products US$5.82 billion, up 0.8%; production inputs US$1.22 billion, up 66.2%; and salt US$5.7 million, up 62.4%.

Asia remained the largest export market, followed by the Americas and Europe with respective shares of 20.9% and 15.8%. Africa and Oceania accounted for 2.3% and 1.4%. Export value to Asia rose 11.5% year-on-year, Europe 3.7%, and Oceania 19.8%, while exports to the Americas and Africa fell 3.5% and 26%.

China, the U.S. and Japan were the three largest export markets, with respective shares of 21.1%, 18.5% and 7%. Exports to China increased 28.8% and to Japan 1.3%, while shipments to the U.S. declined 4.8%.

Among key items, coffee exports in the four-month period totaled 789,300 tons worth US$3.6 billion, up 15% in volume but down 7.8% in value. Rice exports reached 3.3 million tons valued at US$1.57 billion, down 2.3% in volume and 11.1% in value, with the Philippines accounting for 48.5% of total rice exports.

Seafood exports reached US$3.59 billion, up 11.9%, while wood and wood products brought in US$5.42 billion, up 0.4%, with the U.S. as the largest market, accounting for 49.1%.

On the import side, agro-forestry-fishery imports in the January–April period were estimated at US$17.65 billion, up 12% year-on-year. April imports were estimated at US$5.06 billion, down 1.4% month-on-month but up 19% year-on-year.

The U.S., China and Brazil were the largest suppliers, accounting for 10.4%, 9.3% and 8.3% of total imports, respectively. Imports from these markets rose 41.7%, 18.5% and 15.3% year-on-year.

Source: The Saigon Times