During the January - June, period, farm produce exports reached US$10.3 billion, up 9.7% year-on-year, while fishery exports jumped to US$3.94 billion, representing an increase of 10.5% year-on-year. Additionally, forestry exports stood at US$4.33 billion, up 12.7% year-on-year.
Illustration photo.
|
Major export markets of Vietnam in the first six months were Indonesia (for rice, coffee and rubber), China (vegetables, rubber, fishery), Germany (tea, fishery, cashew), Malaysia (tea, rice), Iraq, Hong Kong, the Philippines (rice), Arab Saudi (tea), the US (cashew, fruits, rice) and India (rubber, peppercorn).
Meanwhile, China continued to be Vietnam's largest agro-forestry-fishery exporter with turnover of US$1.2 billion, accounting for 74.6% of total import turnover and up 18.1% year-on-year, followed by the US with US$50.9 million, up 14.6% year-on-year.
Other import markets such as Japan, South Korea, and Thailand also witnessed high growth rate at 8%, 15.4% and 26% year-on-year, respectively.
According to the MARD, some Vietnamese products such as wood and tea are gaining attention from the world market. Moreover, a stronger US dollar has created favorable condition for Vietnam's exporters.
However, growing protectionism in large markets such as the US, EU and China is causing uncertainty in the global market.
