Good news, Tan Suu, the strong point of Vietnam, opened USD 3.5 billion

Vietnam's agricultural exports in January 2021 increased by 27.1% over the same period in 2020, earning nearly $ 3.5 billion. This is good news at the beginning of the year when the Agriculture sector is strongly affected by the Covid-19 epidemic which directly affects exports.

The latest report of the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), the export value of agriculture, forestry and fishery in January 2021 reached 3.49 billion USD, up 27.1% over the same period. by 2020. In which, the export value of main agricultural products is estimated at 1.6 billion USD, up 28.9%; seafood export is estimated at 600 million USD, up 19.6% ...

Notably, last January, wood and forest products were the only commodity groups that earned billions of dollars. Within a month, the export value of this commodity group reached US $ 1.25 billion, up 48.4% over the same period in 2020.

Fishery and timber are two key commodity groups of the Agriculture sector with the highest export value in January

According to the Department of Agro-Processing and Market Development, 2020 is a successful year for Vietnam's wood industry. Although the Covid-19 epidemic broke out strongly, the value of furniture exports only decreased in April and May 2020.

Starting from June 2020, wood exports continued to increase strongly. The resilience of Vietnam's wood industry in recent years has made a great contribution from the openness of the domestic legal system, along with the effective FTAs.

In 2020, the export of  Vietnamese agricultural products will reach 41.36 billion USD, an increase of 2.9% compared to 2019. The Agriculture sector aims to export agricultural products in 2021 to reach 44 billion USD, of which, wood products and wood continues to be the key commodity group, striving to reach 14.5 billion USD in export, an increase of 12% compared to 2020.

Source: https://vietnamnet.vn