Vietnam’s export turnover of agro products down

Vietnam’s export turnover of agro products down
04-08-2009

HANOI — Vietnam raked in 9.08 billion U.S. dollars from export of agro-forestry-fishery products in the first seven months of this year, down 5.23 percent year-on-year, said a report of Vietnam’s Ministry of Agriculture and Rural Development. Falling prices of agricultural products in the international market took its toll on Vietnam’s agricultural export value.

Of the categories, agricultural products post a turnover of 5. 02 billion U.S. dollars, down 5.32 percent year-on-year, aquatic products of 2.16 billion U.S. dollars, down 9.49 percent, and key forestry products of 1.43 billion U.S. dollars, down 17.44 percent.

However, the ministry said that export of a majority of Vietnam ‘s agro-forestry-fishery products saw a year-on-year increase in volume in this period. Export products such as coffee and rubber have recorded an increase in volume but a decrease in value. Coffee export reached 802,000 tons, up 19.1 percent in volume. Rubber export volume was 331,000 tons, up 4.7 percent.

Vietnam’s total export turnover reached 32.3 billion U.S. dollars in the first seven months of this year, a decrease of 13.4 percent year-on-year, according to the General Statistics Office of Vietnam.