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Ministry works towards goal of 41 billion USD in agro-forestry-fisheries exports

The Ministry of Agriculture and Rural Development (MARD) 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.
Ministry works towards goal of 41 billion USD in agro-forestry-fisheries exports ảnh 1Harvesting dragon fruits in Binh Thuan (Illustrative image. Source: VNA)

Hanoi (VNA)✱ – The Ministry of Agriculture and RuralDevelopment (MARD) has rolled out various measures to remove difficultiesfacing the export of agro-forestry-fisheries products and broaden markets, in order tofulfil the goal of earning at least 41 billion USD from the export of the products in2020.

According to the ministry, agro-forestry-fisheries export revenuesreached 3.72 billion USD in November, raising the total revenue in the first 11months of this year to 37.42 billion USD, up 2.4 percent over the same periodof 2019. Meanwhile, the country imported about 28.05 billion USD worth ofagro-forestry-fisheries products in the period, resulting in a surplus ofnearly 9.37 billion USD, up 10.9 percent year on year. Specifically, export earnings of major farm produce were 16.76 billionUSD, a drop of 0.5 percent, while that of livestock reached 297 million USD, afall of 18.5 percent, fisheries nearly 7.75 billion USD, down 0.9 percent, andforestry products 11.65 billion USD, up 15 percent year on year. In November, Vietnam shipped abroad 388,000 tonnes of rice for207 million USD, raising the total rice export volume to 5.74 million tonnes, afall of 2.2 percent, and value of 2.85 billion USD, up 10 percent year on year.

The Philippines was the largest market of Vietnamese rice with33 percent of the total market share. Upturn was also seen in shipments to other marketssuch as Indonesia and China.

♒ Meanwhile, the export value of wood and wooden furniture hit 1.1 billionUSD in November, pushing the 11-month figure to 10.88 billion USD, up 14.1percent compared to the same period last year. The US, Japan and China remainedthe three major markets in the period.

On the contrary, many farm produce suffered reduction inexports, including pepper corn with 11.4 percent, and fruit and vegetable 11.7percent due to a strong decline in the Chinese market.

At the same time, fisheries export recorded slight decrease of0.9 percent to 7.75 billion USD. The US, Japan, China and the Republic of Koreawere the leading markets for the products.

To facilitate agro-forestry-fisheries exports, Nguyen Van Viet,head of the MARD’s Department of Planning, said that the ministry will coordinatewith localities and trade associations as well as businesses to keep a closewatch on the market development and seek solutions to remove difficulties ofexporters in market, while stabilizing the supply for the year-end occasions.

🔯 The ministry will also work with relevant parties to implement measures tobalance the trade and tackle difficulties in trade for exporters.

Along with updating businesses on policies of markets,especially the EU, China, the US, Japan and the Republic of Korea, the ministrywill hold an online meeting with the General Customs of China to discuss measures to further open the market ofboth sides, and to facilitate quick customs clearance inborder gates between the two countries./.


VNA

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