Thus, the trade surplus of agro-forestry-fishery products reached 7.3 billion USD, 664 million USD higher than the same period last year. So far, the agricultural sector has had 6 groups/commodity with over 2- billion USD. export value
In October, export turnover of agro-forestry-fishery products was estimated 3.6 billion USD, up nearly 17% compared to the last month; in particular, the export value of the main agricultural products reached 1.4 billion USD, the main forest products nearly 1.05 billion USD, the fishery products 834 million USD and the livestocks 55 million USD...
In the first 10 months of the year, the forestry product value still maintained a strong growth in exports turnover of 9.04 billion USD, up 18.8% and accounting for 27.2% of the total export turnover. Besides, there are some increased export items such as rubber (increased by 5.6%), tea (14.3%); cinnamon (32%); bamboo and rattan, sedge (40.6%); livestock (3.9%)...
Meanwhile, the main agricultural product group still decreased by 7.4%, equivalent to 15.25 billion USD, accounting for 46% of total export turnover; Seafood estimated 7.06 billion USD, down 2.4%, accounting for 21.3%.
China is still the biggest importer of Vietnam's agricultural products, accounting for 26.8% of the total export turnover; followed by the United States accounting for 21.7%; EU accounts for 11.9%; ASEAN accounts for 10.3%.
The MARD forecasts that in the coming time, the global trade will continue to decline. At the same time, the increase of trade barriers, especially from the Chinese market, makes agricultural exports continue to be under great competitive pressure; export prices of some major agricultural products continue in downward trend.
The MARD will monitor the consumption of agricultural products at border gates, keep assessing the impacts of Chinese policies on official exports and temporary imports for re-exports at border gates.
In addition to leading and coordinating with ministries and branches to actively negotiate to open export markets, stabilize traditional markets, seek and expand potential markets, the MARD have actively supported businesses to actively deploy, effectively exploit the opportunities of free trade agreements, to enhance market development activities.