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MARD - Ministry of Agriculture and Rural Development of the Socialist Republic of Vietnam

04/10/2024 | Press release | Distributed by Public on 04/10/2024 11:04

The agricultural sector is confident...

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Looking at the picture of agro-forestry and fishery exports in the first 3 months of 2024, there are many outstanding bright spots. Many export products have reached billions of dollars.



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Particularly, some groups of industries that experienced declines last year are now showing growth again.

Despite facing various challenges such as saline intrusion, diseases, and some exported batches being returned, the growth rate of the agro-forestry-fishery production value in the first quarter still reached 2.98%, the highest level recorded in many years.

All export commodity groups have increased, contributing to raising the total export turnover of the agricultural sector to 13.53 billion USD, up 21.8% over the same period last year. The trade surplus of the agricultural sector in the first quarter reached 3.36 billion USD, up 96.5%, accounting for 41.5% of the total trade surplus of the entire economy.

According to the statistics of the General Department of Customs until the end of the first quarter of 2024, the agricultural sector has 5 items with export turnover exceeding 1 billion USD, namely wood and wood products, coffee, aquatic products, rice, and fruits and vegetables.

According to Mr. Phung Duc Tien, Deputy Minister of Agriculture and Rural Development, the growth in the first quarter lays the groundwork for the entire sector to confidently achieve the export target of 54 - 55 billion USD this year.

The second quarter exports are forecasted to be even more dynamic than the first quarter, as many agricultural products, especially key fruits such as lychee, longan, mangoes, and dragon fruit, will enter the harvest season. Therefore, businesses are concentrating their efforts to prepare resources, promote trade, seek markets, and sign new contracts.

This year's second quarter agricultural sector aims for a growth rate of 2.9 - 3%, with exports reaching about 14 billion USD, higher than the results achieved in the first quarter.

HNN (mard.gov.vn)



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