The agricultural sector has basically achieved and exceeded its set targets when the export turnover of agricultural, forestry and fishery products in the past 11 months reached nearly 57 billion USD, the trade surplus reached nearly 16.5 billion USD, up 52.8%. If the export value in December reaches over 5 billion USD, Vietnam will surpass the mark of over 61 billion USD this year.
According to the Ministry of Agriculture and Rural Development (MARD), the turnover export The total export turnover of agriculture, forestry and fishery products (AFF) in November is estimated at 5.3 billion USD, up 13.9% over the same period last year. The total export turnover of agriculture, forestry and fishery products in 11 months reached nearly 57 billion USD, up 19% over the same period in 2023; in which the export of some products has grown at a record rate, contributing greatly to the total export turnover of AFF such as wood, seafood, vegetables, rice, etc.
The trade balance of Vietnam's agriculture and forestry sector in the first 11 months is estimated to have a surplus of nearly 16.5 billion USD, an increase of 52.8% over the same period last year.
Speaking to reporters, Mr. Phung Duc Tien - Deputy Minister of Agriculture and Rural Development - said that up to now, agricultural and fishery exports have reached a very important milestone of nearly 57 billion USD. If the export value in December reaches over 5 billion USD, Vietnam will surpass the milestone of over 61 billion USD.
"Value trade surplus The industry's strong growth was mainly due to the trade surplus of wood and wood products of up to 12.11 billion USD. The promotion of signing official export protocols with China helped the fruit and vegetable industry achieve a trade surplus of 4.56 billion USD after 11 months. Every year, the trade surplus of agricultural products often accounts for 65-72% of the entire economic sector. This proves that the potential advantages of agriculture have been and are being unlocked. This is also the foundation for us to reach the finish line with a larger export scale and rate by 2025," Mr. Tien affirmed.
According to Mr. Tien, although infrastructure investment for agriculture is still limited, especially in the Mekong Delta, the agricultural sector disburses very quickly, at a very high rate, contributing to linking raw material areas with harvesting, preliminary processing, and processing to increase value. The application of science and technology has also been urgently applied in agricultural fields.
The agricultural sector is restructuring towards sustainable development, applying technology, linking production with the market and promoting international cooperation and effective trade promotion. In addition to traditional markets such as the US and China, in the coming time, the Ministry of Agriculture and Rural Development will direct a strong focus on a number of markets that, although difficult, bring high economic value.
Source
Comment (0)