Agro-forestry-fishery sector posts US$3.36 bln trade surplus in Q1

The sector raked in US$13.53 billion from exports in the reviewed period, representing a rise of 21.8% year on year. 

There were four items which recorded an export value of more than US$1 billion each, including timber (US$2.32 billion), fruits and vegetables (US$1.23 billion), rice (US$1.37 billion), and coffee (US$1.9 billion). 

Most notably, many products saw an increase in export prices in the first quarter. The average export prices of rice and coffee edged up by 5% and 6.8% to US$661 per tonne and US$2,373 per tonne, respectively. 

The average export prices of rubber and pepper increased by 5.1% and 35.6% to US$1,462 per tonne and US$4,153 per tonne, respectively. 

With regard to export markets, China, the United States, and Japan all continued to be three largest consumers of Vietnamese agro-forestry-fishery products. Exports to these markets accounted for 20.2%, 19.9%, and 7%, respectively, of total turnover. 

Source: VOV