Export value falls 3.6% in first seven months.
The Ministry of Agriculture and Rural Development (MARD) has announced that export turnover for agricultural, forestry and fisheries in July is estimated at $2.47 billion, bringing the sector’s export value in the first seven months to $16.93 billion, down 3.6 per cent against the same period of 2014. Items that fell most were coffee, rice, rubber and seafood.
The export value of major agricultural products was estimated at $8.2 billion in the first seven months, down 5.7 per cent. Coffee exports fell 33.7 per cent, rubber 9.2 per cent, and rice 8.3 per cent.
Seafood exports plummeted by 17 per cent to $3.53 billion, especially those to the US, Vietnam’s largest export market.
The export value of main forestry items was estimated at $3.88 billion from January to July, up 8.1 per cent against the same period of 2014.
Exports of cashew nuts, pepper, wood, and cassava also continued to rise.