Over the past 11 months, the US accounted for 26.2% of Vietnam’s total farm produce export revenue with USD9.8 billion USD, a year-on-year rise of 22.3%, Vietnam News Agency quoted figures of the Ministry of Agriculture and Rural Development.
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China came second by splashing out nearly 9.2 billion USD on the Vietnamese products, falling 6.6% from the same time last year, and making up of 24.6% of the country’s total.
According to the ministry, agro-forestry-fisheries export turnover reached 3.72 billion USD in November, raising the total figure in the first 11 months of this year to 37.42 billion USD, up 2.4% over the same period of 2019.
Meanwhile, the country imported about 28.05 billion USD worth of agro-forestry-fisheries products in the period, resulting in a surplus of nearly 9.37 billion USD, up 10.9% year on year.
Specifically, export earnings of major farm produce were 16.76 billion USD, a drop of 0.5%, while that of livestock reached 297 million USD, a fall of 18.5%, fisheries nearly 7.75 billion USD, down 0.9%, and forestry products 11.65 billion USD, up 15% year on year.
The ministry has rolled out various measures to remove difficulties facing the export of agro-forestry-fisheries products and broaden markets, in order to fulfil the goal of earning at least 41 billion USD from the export of the products in 2020.
The ministry will work with relevant parties to implement measures to balance the trade and tackle difficulties in trade for exporters./.
BTA