Agricultural sector posts trade surplus of 1 billion USD in 2 months
The agricultural sector posted a trade surplus of 1 billion USD in the January-February period despite a year-on-year decrease of 1.6 percent in export value.
Latest
| TIN LIÊN QUAN | |
 | Vietnam officially begins mango exports to US |
| Urgent solutions needed to address EU’s warning of IUU fishing: ministry |
According to the Ministry of Agriculture and Rural Development (MARD), the sector earned 5.5 billion USD from the export of farm produce and forestry and aquatic products.
 |
| Illustrative image. (Photo: VNA) |
In the two months, the revenue of farm produce exports stood at 2.71 billion USD, a drop of 10.1 percent; while that of animal husbandry hit 77 million USD, down 7 percent.
Aquatic products brought home 1.11 billion USD, a rise of 4.4 percent, and forestry products, 1.5 billion USD, up 12.8 percent.
Meanwhile, 4.5 billion USD worth of agro-forestry-fishery products were imported in the reviewed period, up 3 percent from the same period last year.
In the first two months of this year, the country saw a trade deficit of 84 million USD.
Total export-import turnover hit 73.44 billion USD, a year-on-year rise of 6.7 percent, of which, export revenues increased 5.9 percent to 36.68 billion USD and import value rose 7.5 percent to 36.76 billion USD.
 | FAO chief lauds Vietnam’s development achievements Director General of the Food and Agriculture Organization (FAO) of the United Nations Jose Graziano Da Silva has expressed his admiration for Vietnam’s development achievements, ... |
 | Sustainable development of hi-tech agriculture The development of agriculture 4.0 based on science and technology is a trend of many countries in the world, which will help the agricultural industry ... |
 | Vietnam boosts cooperation in organic agriculture with Australia The first Mekong Delta Forum on developing the partnership between Vietnam and Australia in organic agriculture was held in An Giang province on January 14. |
(Source: VNA)
