Agriculture, forestry and fishery exports record growth in 2013

Of the total announced by the Ministry of Agriculture and Rural Development, the export value of key agricultural products was estimated at over US$13 billion, down 11.9% against 2012. Meanwhile, the export revenues of key fishery and forestry products were US$6.7 billion and US$5.6 billion, up 10% and 15%, respectively.

Most of the key export commodities, such as rice, coffee, tea and cassava, decreased both in price and volume due to the impacts of price fluctuations on the world market, weather and natural factors.

Coffee saw the largest decline, with a year-on-year decrease of 23.6% in volume and 25% in value. Rice exports fell by 17.4% in volume and 19.7% in value compared to 2012.

In the meantime, cashew nuts and the timber sector posted considerable growth in value, with year-on-year increases of 9.7% and 15%, respectively.

(Source: Nhandan Newspaper Online)