Agro-forestry-fishery exports hit 22.2 billion USD in first seven months
Wednesday, August 1,2018AsemconnectVietnam - The export turnover of agro-forestry-fishery products in July was estimated at 2.85 billion USD, bringing the total value in the first seven months of 2018 to 22.2 billion USD, a year-on-year rise of 7.8 percent.
Markets seeing strong export growth included Indonesia in rice, coffee, and rubber; Russia in coffee and cashew nuts; Germany in tea, cashew nuts, pepper, and rubber; Malaysia in rice, tea, wood, vegetables and fruit; the Philippines in rice and coffee; Saudi Arabia in tea; Iraq and Hong Kong in rice; the US in tea, cashew nuts, and pepper; India in rubber and pepper; and Thailand in vegetables and fruit, and aquatic products.
Rice remained one of the biggest hard currency earners. Vietnam earned 1.96 billion USD from selling 3.87 million tonnes of rice abroad, up 29.2 percent in value and 12.2 percent in volume. China continued to be the largest rice importer of Vietnam with 26.8 percent of the market share.
In the seven-month period, Vietnam earned 2.3 billion USD from exporting fruits and vegetables, mainly to China, up 12.6 percent.
The country exported 1.16 million tonnes of coffee worth 2.22 billion USD, up 10.8 percent in volume but down 5.7 percent in value. Germany and the US remained the two biggest consumers of Vietnamese coffee.
Vietnam sold 153,000 tonnes of pepper worth 517 million USD to overseas markets during the January-July period, up 3.7 percent in volume but down 36.1 percent in value.
As many as 696,000 tonnes of rubber were exported in the period, bringing home 997 million USD, up 9.9 percent in volume and down 10.7 percent in value.
Coffee exports reached 1.2 million tonnes in first 8 months of 2023
DAILY: Vietnamese pepper prices increased by 500 VND on September 5
DAILY: Vietnamese coffee prices increased by 100 VND on September 5
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Vietnam-Indonesia trade expected to exceed 15 billion USD soon
Legal changes expected to increase appeal of Vietnam's real estate market
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FDI in Vietnam totaled over 18 billion USD in first 8 months of 2023
Vietnam’s exports and imports of goods increased in August
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Niche markets, opportunities for textile, garment exports
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Over 416 million USD invested abroad in 8 months
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