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Seafood export growth leads the agriculture

According to statistics of the Ministry of Agriculture and Rural Development, seafood export growth in 5 months was quite high because price increases in some key items.

Report on agricultural activities in five months said the top export markets of Vietnam grow steadily from 15-25%, as Japan increased 17.8%, United States 16.5%, Korea increased to 19.7% in turnover.

As a result, export aquatic five months turnover was 1.62 billion, increasing by 17.3% over the same period last year. With this result, the growth rate leading seafood exporters in agriculture (agricultural products increased 7%, forest products increased 9.5%).

However, the situation of seafood production in 5 months is not so optimistic. Total mining production and new aquaculture reached 1883 thousand tons, down about 1.4% over the same period.

In particular, exploitation of aquatic production in 5 months reached 1011 thousand tons, up 2.1% over the same period the previous year and reached 42.1% compared with the year plan, in which the exploitation of marine products reached amount of 196 thousand tons, up 5.1% over the same period last year. However, aquaculture production in 5 months of the year only reached 872 thousand tons, going down 5.2% over the same period last year and reached 32.9% of the year plan.

Source: VNEconomy

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