HANOI: Vietnam’s agro-forestry-fishery export revenue is expected to go down 2.8 percent year-on-year in the first half (H1) of 2015, said the Ministry of Agriculture and Rural Development (MARD) here the other day.
According to a report released on MARD’s website on Friday, export revenue of major agricultural products in January-June period is likely to reach 6.93 billion U.S. dollars, down 5.7 percent year-on-year while that of seafood is expected to stand at over 2.97 billion U.S. dollars, down 16 percent year-on-year. Meanwhile, exports of forestry products are forecast to reach over 3.29 billion U.S. dollars, up 8 percent year-on-year.
Specifically, in H1, Vietnam is expected to earn 1.318 billion U.S. dollars from exporting 3.055 million tons of rice, down 10.5 percent in value and 6.2 percent in volume year-on-year.
Average price of Vietnamese export rice stood at 435.18 U.S. dollars per ton, down 3.78 percent year-on-year in the first five months of 2015.
China remained the largest importer for Vietnamese rice in the five-month period, accounting for 36 percent of the market share.
However, during the period, Vietnam’s rice exports to China witnessed a decrease of 19.61 percent in volume and 22.61 percent in value year-on-year, said MARD.
Meanwhile, Vietnam’s rice exports to Malaysia saw a remarkable increase of 2.84 times in volume and 2.33 times in value year-on- year. The figures help Malaysia to rank third among major markets of Vietnamese rice with 7.7 percent of the market share during the five-month period.
In H1, Vietnam is estimated to ship abroad 687,000 tons of coffee, pocketing 1.419 billion U.S. dollars, down 35.8 percent in volume and 35.1 percent in value year-on-year.
Average export price of coffee during the five-month period hit 2,069 U.S. dollars per ton, up 2.12 percent year-on-year.
Germany and the United States continued to be two major consumers of Vietnamese coffee with respective market shares of 16. 03 percent and 11.88 percent, said the report.
In the six-month period, Vietnam is expected to export some 614 million U.S. dollars worth of 422,000 tons of rubber, down 5.1 percent in value and up 22.3 percent in volume year-on-year.
Average export price of Vietnamese rubber reached 1,441 U.S. dollars per ton, down 25.91 percent year-on-year.
China, Malaysia and India remained three largest consumers of Vietnamese rubber, accounting for 72.26 percent of the market share.
Regarding seafood exports, the United States maintained the largest importer of the item as making up 19.33 percent of Vietnam ‘s seafood export revenue.
During the five-month period, exports of seafood to the market reached 473 million U.S. dollars, down 29.07 percent year-on-year.
Exports to Japan and South Korea, the two major importers of Vietnamese seafood, also saw year-on-year drops of 11.89 percent and 4.99 percent, respectively.
At the same time, exports of seafood experienced growth in other markets, such as Thailand (up 16.89 percent year-on-year) and Britain (43.02 percent), said MARD.
