December 01, 2023 | 07:00 GMT+7

11M agro-forestry-fishery exports hit $47.8bln

Chu Khôi -

Trade surplus in the sector up 34% to an estimated $10.55 billion in the first eleven months.

Exports of agriculture, forestry, and fisheries products earned $4.79 billion in November, up 0.3 per cent from last month and 13 per cent year-on-year, according to the Ministry of Agriculture and Rural Development.

However, the export value of some key products declined, resulting in a fall of 2.7 per cent in export revenue of such products in the first eleven months of the year, to $47.84 billion.

Meanwhile, the sector’s import value was estimated at $37.92 billion. This resulted in a trade surplus of $10.55 billion, a year-on-year rise of 33.7 per cent.

During the eleven-month period, six groups of products posted export value of over $3 billion, including coffee, at $3.54 billion; rice $4.41 billion; fruit and vegetables $5.32 billion; cashew nuts $3.31 billion; shrimp $3.38 billion; and wood and wooden products $12.11 billion.

China, the US, and Japan remained the three largest export markets for the sector, accounting for 23.2, 20.6, and 7.4 per cent, respectively, of Vietnam’s total export value.

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