Agro-forestry-fishery export value up 6.3%

The total export value of agro-forestry-fishery products in the first ten months of this year reached US$26.4 billion, a year-on-year increase of 6.3 per cent, according to the Ministry of Agriculture and Rural Development. Specifically, export value was $12.5 billion from of main farming products, up by 7.8 per cent; $5.7 billion from seafood products, up by 5.9 per cent; and $5.8 billion from forestry products, a little increase of 0.1 per cent. The ministry said in October alone, total export value was estimated at $2.75 billion. The local fisheries industry had the largest contribution to the total export value of agro, forestry and fishery products, it said. During the January-October period, the nation exported 1.5 million tonnes of coffee, earning $2.76 billion. Exports surged by 40.2 per cent in volume and 25.4 per cent in value against the same period last year. The export value of pepper reached $1.29 billion from 159,000 tonnes, an increase of 15.3 per cent in value and 35.7 per cent in volume year-on-year.

Keep reading