Rosy prospect for agro-forestry-fishery exports to exceed 47 billion USD in 2021

The value of agro-forestry-fishery exports reached over 4.1 billion USD in November alone, which was conducive to a hope for the exports to obtain over 47 billion USD for the entire year.
Rosy prospect for agro-forestry-fishery exports to exceed 47 billion USD in 2021 ảnh 1Workers at a tra fish processing plant in Dong Thap province (Photo: VNA)
Hanoi (VNA) –  The value of agro-forestry-fishery exports reached over 4.1 billion USD in November alone, which was conducive to a hope for the exports to obtain over 47 billion USD for the entire year.

According to Deputy Minister of Agriculture and RuralDevelopment Phung Duc Tien, the value was estimatedat nearly 43.5 billion USD in the January – November period, up 14.2 percenton-year.

Of the sum, the crop cultivation sector contributed 19.3billion USD, an annual increase of 13.7 percent, with high export value growthposted for rubber, coffee, cashew, pepper, rice, cassava and cassava products.

The forestry sector also exceeded its target spectacularly, withits export turnover reaching 14.3 billion USD to date and expected to soonexceed over 15 billion USD. Meanwhile, fishery exports are likely to reach 8.6billion USD.

Tien said the ministry has so far directed localities,farms, and cooperatives, and businesses to build material areas meeting the setcriteria, while promoting trade and further negotiating to expand the market, particularlythe US and China.

Although export turnover increased, the sector’s tradesurplus decreased sharply by 56.5 percent from the same period last year to beat nearly 4.3 billion USD. In this regard, the official attributed thereduction to an increase in the scale of imported materials and breeds over thepast time, adding that this, however, will be a growth premise for thefollowing period./.
VNA

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