Agro-forestry-fishery sector runs $6.2 billion trade surplus in 8 months

The sector's total trade volume rose by 4.9% to nearly $46 billion in the first eight months, of which export turnover was estimated at $26.1 billion, down 0.9% against the same period last year while the import value dipped 2.5% to $19.9 billion. 

In August alone, export turnover of the agro-forestry-fishery sector was estimated at $ 3.6billion, representing a month-on-month increase of 3.5% including $1.6 billion of agricultural products (up 7.8%); $1.2 billion of forestry products (up 1%); $800 million of aquatic products (up 0.5%); and $31 million of breeding products (up 18.4%).

In January-August period, top export items include rice ($2.2 billion, up 10.4%), vegetables ($487 million, up 12.8%), cassavan ($108 million, up 94.9%).

The U.S. was the biggest importer of Vietnam, accounting for 24.13% of the Southeast Asian country's export volume, with over $6.3 billion, followed by China with $6.28 billion.

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Source: VGP