Vietnam earned 5.14 billion USD from agro-forestry-aquatic exports in January, a year-on-year surge of 79.2%, the Ministry of Agriculture and Rural Development reported.
Vietnam earns 5.14 billion USD from agro-forestry-aquatic exports in January. (Photo: vneconomy.vn)
Hanoi (VNA) – Vietnam earned 5.14 billionUSD from agro-forestry-aquatic exports in January, a year-on-year surge of79.2%, the Ministry of Agriculture and Rural Development reported.
Meanwhile, the country imported 3.72 billion USD worthof agro-forestry-aquatic products in the month, leading to a trade surplus of 1.4billion USD, up more than 4.5 times from the corresponding time last year.
Specifically, forestry exports grew 72.5% to 1.49 billionUSD, aquatic products up 60.8% to 730 million USD; and farming products up 93.8%to 2.71 billion USD.
The increase was seen in all markets with America up 93.6%,Africa 185.4%, Asia 86.3%, Europe 38.2%, and Oceania 100.9%.
China accounted for 23% of Vietnam’s total agro-forestry-aquaticexport revenue, the US 20,8%, and Japan 7.4%. For imports, farm products rose 41.1% to 2.2 billionUSD, aquatic products up 33.9% to 250 million USD, and forestry products up 100.7%to 253 million USD.
Regarding the domestic market, the ministry said it remainedstable in the month, affirming that the supply of agricultural products will beensured during the approaching Tet (Lunar New Year) festival./.
Vietnam’s agro-forestry-aquatic exports enjoyed a record trade surplus of 12.07 billion USD in 2023, surging by 43.7%, and accounting for over 42.5% of the country's total trade surplus, heard a press conference in Hanoi on December 29.
Vietnam’s agro-forestry-fishery exports reached over 53 billion USD in 2023, posting a record trade surplus of 11 billion USD, or over 42.5% of Vietnam’s total trade surplus.
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
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Vietnam earns 5.14 billion USD from agro-forestry-aquatic exports in January. (Photo: vneconomy.vn) 
