Oct 28, 2014 / 09:33
Agriculture, forestry and seafood exports generate US$25 bln in revenue
Export revenue from farming, forestry and seafood products is estimated to hit US$2.28 billion in October, the Ministry of Agriculture and Rural Development noted.
The figure has brought the total export value during the first ten months of 2014 up to US$25.39 billion, which represents an increase of 11.2% compared to the same period last year.
In the ten-month period, agriculture reported a year on year growth of 11.5% in export value, reaching US$12.25 billion; while fishery exports increased by 19.9% to US$6.48 billion, followed by the forestry sector with US$5.24 billion, up by 12.9%.
In October, several products recorded an increase in export, including coffee, cashew nuts, pepper, seafood, timber and wooden products, and rice, which had actually experienced a slump since the beginning of the year.
Vietnam has exported 669,000 tonnes of rice so far this month, generating US$317 million. As a result, rice exports during the ten months rose to 5.68 million tonnes, bringing home US$2.59 billion, down by 2.7% in volume, but up by 1.2% in value.
The ministry said coffee performed the best during the period, with year-on-year surges of 37.1% to 1.49 million tonnes in export volume and 33.5% to US$3.10 billion in value.
Meanwhile, a decline in the export of tea, rubber, cassava and cassava-based products was recorded.
The ministry’s data also revealed that only 12,000 tonnes of tea, worth US$21 million, were shipped abroad in October, contributing to a year-on-year fall of 5.6% in volume to 109,000 tonnes and 0.6% in value to US$186 million during the first ten months of this year.
In October, several products recorded an increase in export, including coffee, cashew nuts, pepper, seafood, timber and wooden products, and rice, which had actually experienced a slump since the beginning of the year.
Vietnam has exported 669,000 tonnes of rice so far this month, generating US$317 million. As a result, rice exports during the ten months rose to 5.68 million tonnes, bringing home US$2.59 billion, down by 2.7% in volume, but up by 1.2% in value.
The ministry said coffee performed the best during the period, with year-on-year surges of 37.1% to 1.49 million tonnes in export volume and 33.5% to US$3.10 billion in value.
Meanwhile, a decline in the export of tea, rubber, cassava and cassava-based products was recorded.
The ministry’s data also revealed that only 12,000 tonnes of tea, worth US$21 million, were shipped abroad in October, contributing to a year-on-year fall of 5.6% in volume to 109,000 tonnes and 0.6% in value to US$186 million during the first ten months of this year.
Trending
-
Hanoi spearheads anti-waste measures to accelerate urban development
-
Vietnam news in brief - November 24
-
Vietnam, Bulgaria to boost trade and investment cooperation
-
Finding ways to unlock Hanoi's suburban tourism potential
-
Hang Ma Street gears up for festive season
-
A Hanoi artisan turns straw into appealing tourism product
-
“Look! It’s Amadeus Vu Tan Dan” workshop - an artistic journey for kids
-
Vietnam news in brief - November 15
-
Experiencing ingenious spaces at the Hanoi Creative Design Festival 2024