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Exports of agro-forestry-aquatic products down nearly 5% in January

Despite an overall decline, some commodities recorded growth in export value despite lower shipment volumes.
Wood processing. (Photo: VNA/VNS)
Wood processing. (Photo: VNA/VNS)

Hanoi (VNA) – Vietnam’s export value of agro-forestry-aquatic products was estimated at 5.08 billion USD in January, marking a 4.9% decline compared to the same period last year, according to the Ministry of Agriculture and Ruဣral Developm▨ent (MARD).

Of which, the export revenue of farm produce reached 2.64 billion USD, down 6.2% year-on-year; livestock products, 39 million USD, down 9.3%; aquatic products, 750 million USD, up 0.3%; and forestry products nearly 1.5 billion USD, down 4.8%. Several key agricultural exports saw a decline in value compared to January last year. Notably, fruit and vegetable exports were estimated at 400 million USD, representing a year-on-year decrease of 18.1%.
Despite an overall decline, some commodities recorded growth in export value despite lower shipment volumes. Coffee exports were estimated at 140,000 tonnes, generating 763 million USD, a 41.1% drop in volume but a 5% increase in value compared to January 2024. The average export price of Vietnamese coffee in January reached 5,450 USD per tonne, surging 78.5% year-on-year. Rubber exports totaled 180,000 tonnes, valued at 341 million USD, reflecting a 14.5% decline in volume but a 14.6% increase in value.
Asia remained Vietnam’s largest export market for agricultural, forestry, and aquatic products, accounting for 47.9% of total exports, followed by Americas (23.8%), Europe (11.4%), Africa (1.8%) and Oceania (1.5%). Exports to the Americas, Asia, and Europe witnessed a decline in January. Typically, exports to the American region hit 1.21 billion USD, down 3.5%; Asia 2.43 billion USD, down 1.8%; Europe 577 million USD, down 16.2%. Meanwhile, exports to Africa surged 31.3%, while shipments to Oceania saw a modest increase of 0.2%. According to the MARD, import value of agro-forestry-aquatic products in January reached 3.9 billion USD, marking an 11.9% increase year-on-year./.
VNA

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