The agricultural, forestry and fisheries sector posted US$5.18 billion trade surplus in the first four months of 2025, a year‑on‑year drop of 4.1%, the Ministry of Agriculture and Environment (MoAE) announced on May 5.
Although Vietnam saw positive results in the export of wood and wooden products in first quarter of this year, breakthrough measures are needed for the country to overcome global economic headwinds and achieve the yearly export target of US$18 billion.
Vietnam’s agro-forestry-fisheries exports reached an estimated US$4.4 billion in February, marking a 37.2% increase compared to the same period last year, pushing the total value in the first two months of 2025 to US$9.38 billion, up 8.3% year on year, according to the Ministry of Agriculture and Environment (MoAE).
Vietnam recorded a trade surplus of US$16.46 billion in agricultural, forestry, and aquatic products during the first 11 months of 2024, soaring 52.8% year on year, reported the Ministry of Agriculture and Rural Development.
A seminar took place in Hanoi on February 27 to discuss solutions to Vietnam's forestry development strategy in the new context.
Vietnam raked in an estimated US$6.42 billion from forestry product exports in the first half of 2023, down 28.8% year on year, according to the Department of Forestry under the Ministry of Agriculture and Rural Development.
Agro-forestry-fishery exports stood at about US$49.04 billion in the first 11 months of 2022, higher than last year’s record of US$48.6 billion, the Ministry of Agriculture and Rural Development (MARD) said.
The export value of forestry products in July dropped by 5.5% from the previous month to US$1.41 billion, also down 1.6% from the same period last year, according to the Forestry Department under the Ministry of Agriculture and Rural Development.
VOV.VN - Vietnam and Laos are striving to increase this year’s total trade turnover by between 10% and 15%, thereby meeting the target set out by both sides’ leaders for the 2021 to 2025 period.
Vietnam's wood processing and furniture industry has made big strides over the past decade, heard a workshop in Ho Chi Minh City on March 25.