Farm exports thrive but fishery and forestry crumble in January-July

HCMC – While agricultural and livestock exports gained impressive growth in the first seven months of 2023, the fisheries and forestry sectors struggled. Agricultural, forestry and fishery exports in July edged up 5.3% over the same period last year to US$4.62 billion, according to data of the Ministry of Agriculture and Rural Development. Agricultural exports surged 27% against last July to US$2.32 billion while the livestock industry expanded a sharp 35.6% to US$45 million. However, aquatic exports fell 15% to US$800 million, and the outbound shipments of forestry products dropped 11% to US$1.24 billion. Vietnam earned some US$29.13 billion from exports of agricultural, forestry and fishery products in the first seven months of 2023, down 9.1% over the same period last year.