02.10.2020, 23:09

Agro-forestry-fishery enjoys 725 billion USD trade surplus in nine months


Agro-forestry-fishery enjoys 725 billion USD trade surplus in nine months

Vietnam ran a surplus of 725 billion USD in agro-forestry-fishery trade in January-September. (Photo: VNA)



Hanoi (VNA) –

Vietnam ran a surplus of 725 billion USD in agro-forestry-fishery trade in January-September, 15.7 percent higher than the same period last year, the latest updates of the Ministry of Agriculture and Rural Development showed.


Agro-forestry-fishery exports totaled nearly 3005 billion USD in the first nine months of this year, representing a rise of 1.6 percent over the same period last year while the country imported farming products worth 22.8 billion USD, a fall of 2.2 percent.


The US remained the largest export market of Vietnamese agro-forestry-fishery products with a revenue of more than 7.5 billion USD in January-August, a year-on-year increase of 19.3 percent.


China came second with revenue of 724 billion USD, a drop of 7.7 percent.


Agro-forestry-fishery exports to the ASEAN market expanded 4.6 percent to reach 293 billion USD, up 4.6 percent, while the export value to the EU reached around 283 billion USD, down 0.6 percent.


In September alone, export revenue inched up 3.8 percent month-on-month to hit 3.8 billion USD, marking the highest level over the past nine months.


The ministry warned of various difficulties facing the sector in the time ahead, especially given new developments of COVID-19 and suggested greater efforts to mitigate natural disasters and promote production, animal and plant disease control and trade./.



VNA

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