ID :
372757
Mon, 06/29/2015 - 05:19
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Vietnam: Agricultural and aquatic exports in decline

Hanoi, June 29 (VNA) – The export value of agricultural, aquatic and forestry products is currently estimated at 14.42 billion USD for the first half of the year, which marks a decrease of 2.8 percent compared to the same period last year, according to the Vietnamese Ministry of Agriculture and Rural Development. The value of agricultural exports declined by 5.7 percent to 6.93 billion USD, and aquatic products fell in value by 16 percent to 2.97 billion USD, particularly on the US market. During the period under review, rice exports exceeded 3 million tonnes, worth 1.3 billion USD, which represents a 10.5 percent decline in value compared to the same period last year. The biggest tumble at 22.6 percent was observed on the Chinese market, the biggest importer of Vietnamese rice. In contrast, a remarkable increase was noted on the Malaysian market, which made it the third largest importer of Vietnamese rice. Coffee recorded a significant decline of 35 percent, exporting 687,000 tonnes and generating 1.42 billion USD. Other products, such as tea and rubber, saw a similar trend during the first half of the year. Meanwhile, pepper, cashew nuts, and cassava exports still recorded double-digit growth in terms of value. Exports in forestry products surged by 8 percent compared to the same period last year, generating 3.29 billion USD./.

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