Export values rise in farming, forestry, fishing

Jun 22nd at 13:03
22-06-2012 13:03:10+07:00

Export values rise in farming, forestry, fishing

Export value of the farming, forestry and fisheries sectors saw a year-on-year increase of 14 per cent to around US$13.6 billion in the first half of this year, said the Ministry of Agriculture and Rural Development.

The export value was estimated to rise by 9.6 per cent to $7.7 billion from major farming products, 10.6 per cent to $2.9 billion for fisheries and 22.7 per cent to $2.3 billion, the ministry said.

However, agriculture minister Cao Duc Phat said the world market has remained difficult and a reduction of farm product prices on the world market since early of this year had directly affected export value of the sector.

By now, pepper was the only one of seven major exported farming products to gain a higher export price compared to the same period last year, while rubber had the most reduced export price at 31 per cent.

Pepper exports in this year's first half gained an increase of 14.5 per cent in volume to 87,000 tonnes and 47.2 per cent in value to $526 million against the same period of last year.

Coffee also saw a year-on-year increase of 7.8 per cent in export volume to 970,000 tonnes and a 3 per cent increase in export value to $2 billion in this first half. Two large export markets of Vietnamese coffee, Germany and the US, accounted for 13.9 per cent and 12.8 per cent of the national coffee exports in the first six months.

Rice, however, one of the key export farming products with a usually high export volume, saw a reduction in both export volume and value. The exports had a year-on-year fall of 9.5 per cent in volume to 3.7 million tonnes and 14.2 per cent in value.

Meanwhile, tea was one of stable exported products with a year-on-year increase of 17.2 per cent in volume to 58,000 tonnes and 14.8 per cent in value to $82 million.

Phat said to resolve difficulties in farming exports, the ministry would do a market watch and then provide market information to farmers to make adjustments to volume and kinds of farming production.

The ministry would control diseases of poultry and cattle and apply technical measures for production to reduce production costs, he said.

To increase the export volume in farming, forestry and fisheries sectors, commercial barriers and enterprises would open new markets, which is important, he said

vietnamnews



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