Agro-forestry-fishery exports generate over 33 billion USD

The agro-forestry-fishery sector raked in 3.6 billion USD from exports in October, raising the total export revenue in 10 months to 33.18 billion, rising 1.6 percent from the same time last year.
Dragon fruits packaged for export.
Dragon fruits packaged for export.

The agro-forestry-fishery sector raked in 3.6 billion USD from exports in October, raising the total export revenue in 10 months to 33.18 billion, rising 1.6 percent from the same time last year.

According to the Ministry of Agriculture and Rural Development (MARD), forestry products were the best performers in the period as they brought home 9.04 billion USD, up 18.8 percent year on year and accounting for 27.2 percent of the total volume shipped abroad.

Strong growth was seen in the export of rubber (up 5.6 percent), tea (14.3 percent), cinnamon (32 percent), and rattan (40.6 percent).

In stark contrast, shipments of key agricultural products dwindled 7.4 percent to 15.25 billion USD, and those of seafood dropped 2.4 percent to 7.06 billion USD.

The ministry said a strong decrease in export price of several agricultural products like cashew, pepper, rice and coffee was the main factor leading to the fall in the revenue in the period.

Vietnam sold 2.3 billion USD worth of fruits and vegetables in the 10-month period, decreasing 1.3 percent from the same time last year. Most of the exports were destined to China where authorities have tightened regulations on chemical residue, food safety, and package material requirements.

China remained the largest importer of Vietnamese agricultural products as it made up 26.8 percent of the market share, followed by the US (21.7 percent), the EU (11.9 percent) and ASEAN (10.3 percent).

The MARD has forecast shipments of farm produce will face tough seas in the coming time, sparked by global trade slowdown and increasing trade barriers from the Chinese market.

The ministry will keep close watch on market development, and give detailed evaluation on Chinese policies on official exports and temporary imports for re-export at border gates.

Besides working with competent ministries and sectors to accelerate negotiations so as to stabilise traditional markets while seeking potential ones, the ministry will support local businesses to take full advantage of the signed free trade deals.

VNA

Other News

Flexible fiscal policy helps drive economic growth

Flexible fiscal policy helps drive economic growth

According to the Ministry of Finance, State budget revenue in the first eight months of 2026 was estimated at 2.02 quadrillion VND (77.7 billion USD), equivalent to 80% of the annual estimate and up 16% year-on-year. Domestic revenue reached 1.75 quadrillion VND, accounting for 86.6% of total revenue and rising 16.6%.

Electronic components are produced at a factory in Hanoi. (Photo: VNA)

Hanoi's imports surge 41% in first eight months of 2026

Hanoi aims to achieve average annual export growth of at least 12% during 2026-30, with the city seeking to diversify export markets, boost high-tech and value-added products and reduce reliance on traditional markets.

New opportunities for Vietnam's seafood exports

New opportunities for Vietnam's seafood exports

The Vietnam-EFTA Free Trade Agreement brings together two groups of highly complementary economies. EFTA members Switzerland, Norway, Iceland and Liechtenstein have strengths in technology, innovation, finance, clean energy and sustainable development, while Vietnam is one of Asia’s most dynamic economies and is emerging as a major regional manufacturing, trade and investment hub.

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City targets third-quarter growth of over 11%

Ho Chi Minh City will continue to implement drastic measures to achieve double-digit growth, targeting GRDP growth of at least 11.07% in the third quarter of 2026, 9.43% in the first nine months and 12.3% in the fourth quarter, with a view to completing the full-year goal of 10% or more.

Vietnamese experts abroad join efforts to advance nuclear power development at home

Vietnamese experts abroad join efforts to advance nuclear power development at home

Held both in person and online, the seminar focused on the current status and opportunities for Vietnam’s nuclear power programme, human resources development, global trends in small modular reactors (SMRs), experience in ensuring safety and extending the operational life of nuclear power plants, and ways to mobilise Vietnamese experts abroad to contribute to the programme.

Port throughput in Hai Phong exceeds eight-month target

Port throughput in Hai Phong exceeds eight-month target

The strong performance followed a series of measures to optimise port capacity and improve the competitiveness of the city’s seaport system, with a focus on maximising the efficiency of the Lach Huyen international gateway port as new berths came into operation.

Vietnam, Mercosur begin trade negotiations

Vietnam, Mercosur begin trade negotiations

During the session, both sides reaffirmed their determination to advance the negotiations in a spirit of goodwill, with a view to reaching a balanced agreement that aligns with the interests of both Vietnam and Mercosur.

Vietnam poised to benefit from new wave of technology investment

Vietnam poised to benefit from new wave of technology investment

The successful development and production of high-end Pixel smartphones in Vietnam – a more complex process than manufacturing smartwatches and wireless earbuds – is reportedly giving Google confidence in moving its entire Pixel production out of China.

Energy infrastructure underpins marine economy development

Energy infrastructure underpins marine economy development

The integrated investment in energy infrastructure will provide a vital infrastructure foundation for effectively harnessing the marine potential, helping realise the goal of making Vietnam a strong maritime nation and achieving sustainable and prosperous development from the sea.