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Vietnam agri exports revenue dips

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HANOI (Commodity Online) : Vietnam's Ministry of Agriculture and Rural Development on Tuesday said the country earned $9.08 billion from export of agro-forestry-fishery products in the first seven months of this year, down 5.23 percent year-on-year

In a report issued here it said, falling prices of agricultural products in the international market took its toll on Vietnam's agricultural export value.



Of the categories, agricultural products post a turnover of $5.02 billion, down 5.32 percent year-on-year, aquatic products of $ 2.16 billion, down 9.49 percent, and key forestry products of $1.43 billion, down 17.44 percent.

However, the ministry said that export of a majority of Vietnam's agro-forestry-fishery products saw a year-on-year increase in volume in this period.

Export products such as coffee and rubber have recorded an increase in volume but a decrease in value. Coffee export reached 802,000 tons, up 19.1 percent in volume. Rubber export volume was 331,000 tons, up 4.7 percent.

Vietnam's total export turnover reached $32.3 billion in the first seven months of this year, a decrease of 13.4percent year-on-year, according to the General Statistics Office of Vietnam


 

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