Agricultural trade surplus hits US$7.48 bn in 10 months

Source: Pano feed

(VOV) -The agro-forestry and fishery sector earned US$2.39 billion from exports in October, raising its 10-month export earnings US$22.73 billion, a year-on-year increase of 0.2%.



The export value of major agricultural commodities—US$10.94 billion—represents a 12.3% slide from 2012. Aquaculture’s US$4.57 billion and forestry’s US$5.37 billion amounted to 14.8% and 6% improvements, respectively.


The Ministry of Agriculture and Rural Development noted rice and coffee exports’ decline. Rubber exports increased 2% in volume but fell 15.1% in value compared to the same period last year.


Tea exports slipped 5.7% in volume but edged up 0.1% in value. About 212,000 tonnes of cashew nuts were shipped abroad for US$1.34 billion, up 15.5% in volume and 8.5% in value.


The agricultural sector imported goods worth an estimated US$15.25 billion over the reviewed period, a year-on-year increase of 10.4%. Key import commodities contributed US$12.05 billion to this total, 12.4% higher than in 2012.


Unprocessed cashew imports surged 98.4% in volume—to 579,000 tonnes—and 84.6% in value.

The agricultural sector’s 2013 trade surplus currently stands at approximately US$7.48 billion.




Đăng ký: VietNam News

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