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Agriculture sector’s 7-month exports plunge (30/7)
30/07/2015 - 22 Lượt xem
Earnings from the export of coffee saw the biggest drop (down 33.7%), followed by aquatic products (down 17%), rubber (down 9.2%) and rice (8.3%).
Germany and the U.S. have maintained their roles as the biggest importers of Vietnamese coffee, accounting for 15.31% and 11.53% of its market share.
The rubber industry sold 519,000 tonnes of commodities overseas and earned US$760 million, representing an annual increase of 13.9% in quantity but a drop of 33.7% in value. Rubber prices were reported to climb only in China and India while declining in eight other major markets. Exported rice has undergone a similar downward trend with the quantity and value reducing annually by 3.1% and 8.3, respectively.China is still the largest market for Vietnamese rice exports but has shown signs of falling demand.
Meanwhile, more than doubling its Vietnamese rice imports has brought Malaysia to third place.
On the contrary, cashew nut and woodwork products have enjoyed a seven-month value growth of 26.6% and 8.3%, respectively. Pepper exports also followed the positive trend.Source: VNA
