Vietnam's Agro-forestry-fishery exports accelerate to the finish line
Vietnam
Published Nov 9, 2021
Tridge summary
In October 2021, the export of agricultural, forestry and fishery products reached US$3.4 billion, down 15.6% compared to October 2020 but up 4.2% compared to September 2021. This result brought the total export turnover of the industry after 10 months to 38.75 billion USD, up 13.1% over the same period last year. If this pace is maintained in the remaining two months, the export target of $44 billion for the whole year of 2021 is entirely feasible.
Original content
According to data from the Ministry of Agriculture and Rural Development, the total export and import turnover of agro-forestry-fishery products in the first 10 months of 2021 reached US$74.31 billion, up 24.2% over the same period last year. In which, exports reached 38.75 billion USD, up 13.1%; import $35.56 billion, up 39.1%. Thus, agro-forestry-fishery still had a trade surplus of 3.19 billion USD. In the past 10 months, many product groups with increased export value include: coffee, rubber, rice, vegetables and fruits, pepper, cashew nuts, cassava and cassava products, livestock products, shrimp; wooden product; rattan, bamboo, sedge carpet; cinnamon… In which, rubber exports increased by 13.9% in volume and 46.5% in value; cashew exports increased 14.1% in volume and 13.5% in value; exports of cassava and cassava products increased by 7.7% in volume and 21.2% in value. Particularly, although the export volume decreased, only 232 thousand tons (down 5.7%) but thanks to the ...
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