CIMBALI
Wednesday 30 October 2024

Vietnam’s export up 40 percent in 1H

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The Ministry of Agriculture and Rural Development said Vietnam was projected to earn US$15.05 billion from exporting agricultural, forest and aquatic products in the first six months of 2016, up 5.4 per cent year on year.

Particularly, agricultural exports brought in US$7.32 billion, up 5.1 per cent from a year earlier, aquatic exports fetched US$3.07 billion, up 3.8 per cent, and forest product exports generated US$3.33 billion, down 0.1 per cent.

Coffee export totalled 985,000 tonnes valued at US$1.71 billion, up 39.8 per cent in volume and 17.6 per cent in value over the same period of 2015.

The average coffee export price was US$1,713 per tonne in the first five months of 2016, down 17 per cent from a year ago.

Germany and the United States were the two largest buyers of Vietnamese coffee in the first five months of 2016, with respective market shares of 15.85 per cent and 12.89 per cent.

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