Figures from the Ministry of Agriculture and Rural Development showed that the export value of agricultural, forest and seafood products in June reached USD 2.1 billion, raising the figure for the first six months of 2011 to USD 12 billion, a year-on-year increase of 38.7 percent.
The two major export products of coffee and rubber saw rises in both volume and value. Over the past six months, Vietnam exported 913,000 tonnes of coffee, valued at nearly USD 2 billion, a 38.6 percent increase in volume and a two-fold surge in value. Rubber export volume reached an estimated 274,000 tonnes, worth USD 1.2 billion. Rising by 14.6 percent in volume, the export value of the product went up by more than 80 percent compared to the same period last year.
In the first six months of this year, rice export volumes reached 3.5 million tonnes, earning 1.7 billion USD. Although the volume of rice exported to the traditional market of the Philippines decreased sharply, Vietnam’s rice witnessed major growth in other markets such as Indonesia, Cuba and Malaysia.
The Vietnam Food Association reported that farmers in the Mekong delta, Vietnam’s rice bowl, have harvested over 210,000 ha of rice out of the total cultivated area of 1.6 million ha in the 2010-2011 summer-autumn crop, with an average yield of 5 tonnes per hectare, up 0.2 tonnes over the yield in the same period last year.