February 28, 2017 | 17:18 (GMT+7)
Agro-forestry-fishery export value increases
The export value of agricultural, forestry and fishery products is estimated to see a year-on-year increase of 1.4 percent to USD 4.3 billion in the first two months of 2017.
The value in February alone is estimated at USD 1.9 billion, according to the Ministry of Agriculture and Rural Development.
Major farm products saw a year-on-year increase of 8.8 percent to USD 2.4 billion thanks mostly to a surge in coffee export, while seafood export value hit USD 844 million, down 3.1 percent from the same period last year.
Meanwhile, the forestry industry saw a slight increase of 0.3 percent in export value to USD 993 million in February.
In the first two months, coffee exports decreased by 7.3 percent in volume to 273,000 tons but went up 22.3 percent in value to USD 616 million compared with the same period last year.
Rice exports plummeted in both volume and value. Shipments dropped by 17.2 percent in volume to 799,000 tons and by 40.6 percent in value to USD 248 million against the same period last year.
Similar drops were witnessed in other farming products, such as tea, cashew nuts, pepper; falling 6.9 percent, 12 percent, and 36.3 percent, respectively in export value; and 1.4 percent, 26.2 percent, and 19.8 percent, respectively in volume.
Source: VNA