Agro-forestry-aquatic exports hit US$13.7 billion in Jan-May
Wednesday, June 14,2017AsemconnectVietnam - Exports of agro-forestry-aquatic products in the first five months of the year rose 9.5% to US$13.7 billion, according to a Ministry of Agriculture and Rural Development report.
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The average coffee export price was US$2,267 a ton in the first four months of the year, a 33.5% rise over the same period last year.
Rubber rocketed a staggering 70% year-on-year to more than US$2,000 a ton. In January-May Vietnam exported 353,000 tons of rubber, down 1.5%, but the export value grew 61.5% to US$708 million.
Similarly, the country shipped abroad around 112,000 tons of cashew nuts worth US$1.1 billion, down 9.5% in volume but up nearly 13% in value. Revenue from vegetables exports rose 38% year-on-year to US$1.38 billion.
The pepper price plunged to a seven-year low of VND72,000-75,000 (US$3.2) a kilo in the Central Highlands on June 12. Therefore, a small number of local farmers slashed their pepper plants to make room for other crops of higher value.
They may grow rubber whose price has been on the rise. However, the Steering Committee for the Central Highlands Region has asked them not to expand rubber farming to avoid price risk.
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| Source: thesaigontimes.vn |
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