Farm product exports surge 33.4%


VGP – Việt Nam was estimated to earn US $13.9 billion from exporting agricultural, forest and seafood products in the first seven months of this year, up 33.4% against the same period last year, according to the Ministry of Agriculture and Rural Development.

Of the sum, the country was to pocket over US $2 billion from 930,000 tons of coffee, posting respective year-on-year rises of 92.6% and 24%.

It shipped abroad about 85,000 tons of pepper totaling US $465 million, remaining nearly flat in volume but surging 70.9% in value; and 349,000 tons of rubber worth US $1.5 billion.

As many as 4.7 million tons of rice were sold abroad during the period, valued at US $2.3 billion, up 9.7% and 10.8%, respectively. Indonesia was the biggest buyer while others, such as Malaysia and Cuba, also made large purchases.

As demands for Vietnamese rice from the Philippines, which was Việt Nam’s second biggest rice importer, were less than before, local enterprises strengthened exports of the staple to new markets, including Senegal, Bangladesh and Cote d’Ivoire.

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