Vietnam earned 2.3 billion USD from agro-forestry and aquatic exports in May, raising the sector’s total export revenue for the first five months of the year to nearly 10.9 billion USD, up 10.1 percent against the corresponding period last year.
According to the Ministry of Agriculture and Rural Development, during January to May, the export of agricultural products earned 6.1 billion USD, a year-on-year rise of 2 percent. Rice exports alone were worth 1.4 billion USD alone.
China has become the largest importer of Vietnamese while Malaysia overtook Indonesia to rank second with a year-on-year rise of 30 percent.
Several African countries such as the Ivory Coast , Ghana and Senegal also consumed a large volume of Vietnamese rice during the last five months.
Vietnamese rice exporters are making all-out efforts to seek out new markets for their products.
In the reviewed period, a total of 860,000 tonnes of coffee worth nearly 1.8 billion USD was exported, year-on-year increases of 7.8 percent in volume and 3 percent in value.
Vietnam ’s biggest coffee importers are Germany and the US . Coffee exports to Indonesia also enjoyed a sudden jump of nearly eight times as much when compared to the same period last year.
The country earned over 69 million USD from exporting 49,000 tonnes of tea, a year-on-year increase of 17.2 percent in volume and 14.8 percent in value.
Apart from Russia and Germany , tea exports to other major markets significantly rose, with Pakistan remaining Vietnam ’s largest consumer.
Vietnam pocketed 952 million USD from exporting 317,000 tonnes of rubber, up 35.2 percent in volume but down 7.2 percent in value. The contraction was attributed to a drop in the average price of rubber exports, now only 3,000 USD per tonne, down 1,365 USD per tonne over the same period last year.
Despite the difficult circumstances, rubber exports still rose to major markets such as China , Malaysia , Taiwan and India.
