Forestry, fisheries exports top US $10 billion

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The five-month agricultural products export turnover recorded a year-on-year surge of 150%, followed by seafood products 27.3% and forest products 19.1%.

In the review period, the country exported more than three million tons of rice for almost US $1.5 billion, year-on-year rises of 20.6% in volume and 23.6% in value. Indonesia, Cuba and Malaysia remained Việt Nam’s major rice importers.

It was likely to fulfill the target of exporting 7.4 million tons of rice this year as it has noticed soars of 58.6% in volume and 90% in value of rice imported by the Hong Kong (China) market, confirmed MARD.

The five-month coffee exports exceeded last year’s turnover, with almost US $1.8 billion. The coffee sector is predicted to break the 2008 record of US $2.2 billion in the next two months.

Although the nation exported only 230,000 tons of rubber in the first five months, it recorded a double increase in revenue, to US $1 billion, thanks to the world’s rubber export prices reaching US $4,383 per ton.

Despite a drop in volume, the five-month pepper and cashew nuts export value fetched US $393 million and US $293 million, respectively.

Meanwhile, seafood exports fetched almost US $2.1 billion in the first five months of the year, a year-on-year rise of 27.3%, with Japan, the US, the Republic of Korea (RoK) and the European Union (EU) being Việt Nam’s key importers.

Also in the first five months of the year, Việt Nam imported almost US $6 billion worth of raw materials for agro-forestry and fisheries production.