Vietnam’s export turnover of agricultural, forest and aquatic products achieved a vigorous growth rate of 50.7 percent year-on-year in the first two months of this year to nearly US$3.6 billion.
According to the figures announced by the Ministry of Agriculture and Rural Development, in the period, Vietnam exported 1.1 million tonnes of rice, for a turnover of US$592 million, higher by 55.6 percent in volume and 44.5 percent in value against the same period last year.
Higher export prices contributed to an increase of over 40 percent in coffee export turnover and more than 55 percent in cashew nuts export turnover. Major markets that consumed Vietnam’s coffee include the United States, Belgium and Italy.
This year, the export of rubber, green tea and pepper also achieved a consistent growth rate.
Apart from agricultural products, wood and wood products also brought a large increase to the sector’s export growth. Wood exports achieved US$548 million, up 17.6 percent, while aquatic products earned US$835 million, up 54.4 percent over the same period last year.
To promote export, the Ministry of Agriculture and Rural Development asked businesses to speed up promotional activities aiming to consolidate popular markets and extend into new markets.