Vietnam: Export of main agricultural products down 5.3 percent in 2019

According to Vietnam’s Ministry of Agriculture and Rural Development, the combined export value of main agricultural products was estimated at 18.5 billion USD in 2019, down 5.3 percent year on year. Meanwhile, export earnings from fishery products were up 2.7 percent to 8.63 billion USD, and that of main forestry products up 19.2 percent to 11.2 billion USD.

Earnings from vegetable and fruit dropped by 1.9 percent to 3.74 billion USD. The same situation was seen in the export of coffee, with a reduction of 15.2 percent in volume to 1.59 million tonnes and a 22.4 percent decrease in value to 2.75 billion USD.

Similarly, the export of pepper bean suffered from a 5.7 percent decrease in value to 715 million USD despite an increase of 23.4 percent in volume, due to declining export prices.

Source: en.vietnamplus.vn


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