Sunday , December 22 2024

Farm, forestry, fishery exports rise by 15.8 pct


Agriculture, forestry and fisheries exports increased by 15.8 percent year-on-year in January-February to US$8 billion.

Farm exports led with $3.2 billion, up 10.2 percent, according to the Ministry of Agriculture and Rural Development.

High growth was seen in items like shark catfish (83 percent), black pepper (44 percent), coffee (36 percent), and rice (22 percent).

Some like tea, vegetable and tapioca declined.

The U.S. remained Vietnam’s largest market with a 28 percent share, followed by China and Japan with 16 percent and 7.3 percent.

Rubber replaced fruits and vegetables as the largest export item to China after that country tightened its Covid-19 safety measures.

Vietnam imported over $6 billion worth of agro-forestry and fishery products in the first two months, a 10 percent rise.

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