Vietnam earns over $49 bln from farm product exports in 11 months

Of the figure, export value of key farm products, forestry products and seafood was estimated at $20.73 billion, $15.59 billion and $10.14 billion, up 6.6 percent, 8.2 percent and 27 percent, respectively.

Eight items with export turnover exceeding $2 billion each are coffee, rubber, rice, vegetables, cashew, shrimps, tra fish and timber. 

Meanwhile, farm products posting sharp increases in export value compared to the same period last year included coffee $3.5 billion (up 31.5 percent), rubber $2.9 billion (up 3 percent), rice $3.2 billion (up 6.9 percent), peppercorn $895 million (up 3.2 percent), cassava $1.2 billion (up 16.4 percent), tra fish $2.2 billion (up 62 percent), shrimps $4.1 billion (up 14.6 percent) and timber $14.6 billion (up 9 percent). 

The U.S. remained the largest importer of Vietnam's farm products with $12.3 billion, making up 25 percent, followed by China and Japan with $9.3 billion and $3.9 billion, respectively. 

Remarkably, pummelo is the seventh fruit from Vietnam allowed to enter the U.S. after mango, longan, lychee, dragon fruit, custard apple and rambutan.

Source: VGP