Tridge summary
In October, exports of the products reached US$3.4 billion, down 15.6% over the same time last year but up 4.2% compared to the previous month. In the January-October period, exports of major farm produce hit nearly US$17.4 billion, a rise of 12.7%, while that of major forestry products reached about US$12.8 billion, up 22.3%, and fisheries products nearly US$6.9 billion, down 0.8%. Products seeing a rise in export revenue included coffee, rubber, rice, vegetables, peppercorn, cashew, cassava and cassava products, livestock, shrimp, wooden furniture, bamboo and rattan products, and cinnamon. Meanwhile, despite a rise in average export revenue in 10 months, a downturn was seen in exports of tea, at 7.2% in volume and 3.4% in value. In the period, Asia remained the largest market of Vietnam's agro-forestry-fisheries products with 42.8% of the market share, followed by America with 30%, Europe 11.4%, Africa 1.9%, and Oceania 1.5%. The US was the biggest consumer of the products with consumption worth over US$10.8 billion.