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Saturday, December 3, 2022

Jan-June farm produce exports grow sharply

The Saigon Times

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HCMC – Vietnam earned some US$28 billion from farm produce exports in the first six months of 2022, up 14% year-on-year, according to data from the Ministry of Agriculture and Rural Development.

Of the agro-forestry-fishery export value, the main agricultural products accounted for nearly US$11.4 billion between January and June, up 8.8% year-on-year, while the figures for forestry and fisheries were US$9.1 billion and US$5.8 billion, respectively.

Many products, including coffee, tra fish, woodwork, vegetables and fruits, shrimp, rubber, cashew nuts and rice, brought export revenue of over US$1 billion each.

The United States was Vietnam’s largest farm produce buyer during the six-month period, posting its turnover from Vietnamese goods import at US$7.6 billion, up 7.9% year-on-year.

China came second with a value of US$5 billion, up 5.9% year-on-year, followed by Japan and South Korea.

The ministry targets to earn US$55 billion from farm produce export this year, US$5 billion higher than the figure set by the Government, the local media reported.

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