Agricultural, forestry and fishery exports reach over 24 billion USD in 5 months

In the first five months of this year, the total export turnover of agriculture, forestry and fishery products is estimated at 24.14 billion USD, up 21% over the same period last year; trade surplus was 6.53 billion USD, up 64.5%.

Agricultural, forestry and fishery exports earned more than 24 billion USD in the first 5 months of the year.

On May 31, the Ministry of Agriculture and Rural Development reported on the production and export of agricultural, forestry and fishery products in the first five months of the year.

Accordingly, the export turnover of most agricultural, forestry and fishery product groups increased, thanks to which the total export turnover reached 24.14 billion USD (an increase of 4.2 billion USD) compared to the same period last year. Specifically: agricultural products exported 13.11 billion USD, up 27.7%; forestry products 6.58 billion USD, up 22.7%; aquatic products 3.5 billion USD, up 3.6%; livestock 199 million USD, up 5.6%.

Of which, the United States, China and Japan continued to be the three largest export markets. The export value of agricultural, forestry and fishery products to the United States accounted for 20.6%, up 23.9%; China accounted for 19.2%, up 8.6% and Japan accounted for 6.7%, up 6.6% over the same period last year.

In terms of export value, most key products were higher than the same period last year, such as: Wood and wood products reached 6.14 billion USD (up 23.6%); coffee reached 2.9 billion USD (up 44.1%); rice reached 2.65 billion USD (up 38.2%); cashew nuts reached 1.55 billion USD (up 19.3%); vegetables and fruits reached 2.59 billion USD (up 28.1%) and shrimp reached 1.3 billion USD (up 7.5%).

The average export price is as follows: Rice reached 638 USD/ton, up 20.5%; coffee reached 3,482 USD/ton, up 49.9%; rubber reached 1,504 USD/ton, up 8.8%; pepper 4,308 USD/ton, up 39.3%; cashew nuts alone reached 5,378 USD/ton, down 8.6%; tea 1,656 USD/ton, down 0.8%...

Export value to all markets increased. Of which, exports to the Asian market reached 11.31 billion USD (up 17.5%); America reached 5.4 billion USD (up 23.1%); Europe reached 3.2 billion USD (up 39.4%); Africa reached 459 million USD (up 26.1%) and Oceania reached 341 million USD (up 24.8%).

The Ministry of Agriculture and Rural Development informed that the European Commission (EC) has postponed the inspection of the situation of combating IUU fishing in Vietnam to September - October 2024 instead of May 2024. Along with that, in May 2024, Decree No. 37/2024/ND-CP amending and supplementing a number of articles of Decree No. 26/2017/NQ-CP detailing a number of articles and measures to implement the Fisheries Law and Decree No. 38/2024/ND-CP regulating administrative sanctions in the fisheries sector will take effect. Therefore, the EC has postponed the time to inspect, supervise and review the implementation of the above two Decrees. The EC still recommends Vietnam on a number of contents such as fleet management, fleet supervision, traceability and handling of administrative violations, which is a very decisive requirement of the EC to remove the yellow card.

Source: https://thoibaonganhang.vn/xuat-khau-nong-lam-thuy-san-dat-hon-24-ty-usd-trong-5-thang-152232.html