Agro-forestry-fishery trade surplus jumps over 62% in 10 months

The agricultural, forestry, and fishery trade surplus reached 15.21 billion USD in the first 10 months, up 62.2% compared to the same period last year, the Ministry of Agriculture and Rural Development has reported.

The sector’s total export revenue amounted to 51.74 billion USD, an annual increase of 20.2%.

Of the sum, agricultural exports contributed the most with 27.38 billion USD, up 25.6% year-on-year; livestock products earned 423.5 million USD, a 2.7% rise; fishery and forestry export turnovers grew by 12% and 19.9% to stand at 8.33 billion USD and 4.05 billion USD, respectively; and salt exports brought in 4.6 million USD, a slight decline of 0.2%.

The US remained Vietnam’s largest market, occupying a 21.6% share, followed closely by China at 21.5%, and Japan at 6.5%. Compared to last year, Vietnamese agro-forestry-fishery exports to the three markets were 25.9%, 11.4%, and 5.9% higher, respectively.

In the ten-month period, the sector imports worth 36.53 billion USD, a year-on-year growth of 8.5%.

Currently, six agricultural goods maintain trade surpluses exceeding 1 billion USD. They are wood and woodwork products with a surplus of 10.91 billion USD, fruits and vegetables 4.47 billion USD, coffee 4.33 billion USD, rice 3.68 billion USD, shrimp 2.92 billion USD, and Tra fish 1.54 billion USD./.