Agro-forestry and aquaculture exports earn US$25 billion


Agro-forestry and aquaculture exports earn USD25 billionThe November export turnover of agro-forestry and aquatic products is estimated to hit US$2.4 billion, pushing 2012’s total earnings to US$25 billion or a 10 percent increase against 2011.

According to the Ministry of Agriculture and Rural Development, among of farm products, coffee and cassava enjoyed sharp increase in terms of both value and volume.

The exports of cassava and cassava-based products exceeded 3.8 million tonnes during the past eleven months, earning US$1.2 billion.

Rice and rubber were the only key export commodities to see increases in export volume but reductions in value during the past eleven months.

Other products including tea, cashew nuts, and pepper maintained stable growth.

Wood and timber products are expected to reach US$4.2 billion, up nearly 19 percent compared to the same period last year.

Aquatic products rose dramatically with a total value of US$5.6 billion in eleven months.



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