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Agriculture-aquatic-forestry products exports up nearly 10% in Q1

VGP – Viet Nam gained US$3.1 billion from exporting agriculture-aquatic-forestry products in March, raising its total exports of these items in the first quarter to US$8.7 billion, a year-on-year increase of 9.6%.

March 28, 2018 10:39 AM GMT+7

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Rice exports in March reached 524,000 tons, worth US$261 million, bringing the total export turnover in three months of 2018 to 1.36 million tons, earning US$669 million, up 9.4% in volume and up 24% in value. 

The nation exported 190,000 tons of coffee in March, valued US$367 million, raising the total export turnover in the first quarter to 520,000 tons, worth US$1 billion. 

The export turnover of cashew in March attained 26,000 tons, gaining US$265 million, raising the total export turnover in three months to 73,000 tons, worth US$739 million, up 30.9% in volume and 43.6% in value. 

Other key export agricultural products in the first quarter of 2018 consisted of rubber (272,000 tons, worth US$403 million), tea (25,000 tons, valued US$39 million) and peppercorn (54,000 tons, worth US$203 million).  

The nation earned US$661 million from exporting wood and wooden products in March, raising the total export value to US$1.87 billion in the first quarter, a year-on-year increase of 5.8%. 

The U.S., China, Japan and the Republic of Korea (RoK) were the largest timber importers of Viet Nam in the first two months of 2018, accounting for 77.6%. 

The exports of aquatic products in March was estimated at US$604 million, making the total export value of aquatic products in three months up to US$1.7 billion, up 11.5%. 

The U.S., Japan, China and the RoK took the lead in importing Viet Nam’s aquatic products, making up 50.5% of the total.

By Thuy Dung