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Agricultural exports at $12 billion in first five months

Released at: 09:50, 27/05/2016

Agricultural exports at $12 billion in first five months

Photo: Thanh Duc

Coffee, rubber, cashew nuts, and seafood all grow strongly.

by Nguyen Quynh

The Ministry of Agriculture and Rural Development (MARD) has announced that exports of agriculture, forestry and seafood products in May were valued at $2.32 billion, bringing total export turnover in the first five months of the year to $12.18 billion, an increase of 4.9 per cent compared to the same period last year.

Exports of main farm produce reached $6.05 billion, up 6.6 per cent, forestry products $2.69 billion, up 1.8 per cent, and seafood $2.43 billion, up 1.1 per cent year-on-year.

Strong growth was seen in the export of coffee, rubber, cashew nuts, and seafood while exports of tea, timber, cassava and cassava products were lower than in the same period last year.

Coffee recorded the strongest growth in the first five months, rising 33.9 per cent in volume and 10.7 per cent in value.

Some 134,000 tons were exported in May, worth $234 million, for volume in the first five months of 797,000 tons worth $1.36 billion. 

Rubber exports also increased in the first five months, by 20.5 per cent in volume and 19.7 per cent in value. Exports reached 79,000 tons in volume and $189 million in value in May, bringing the five-month figure to 391,000 tons worth $561 million.

Seafood value in May was estimated at $471 million and in the first five months $2.43 billion, up 1.1 per cent against the same period of 2015.

Rice exports fell by 2.1 per cent in volume but increased 1.2 per cent in value year-on-year.

There were 345,000 tons of rice shipped abroad in May worth $165 million, bringing rice exports in the first five months to 2.35 million tons worth $1.06 million. 

  • TAGS
  • MARD
  • coffee
  • rubber
  • cashew nuts
  • seafood

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