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Price of major agricultural export reduction

( 18-01-2016 - 03:32 PM ) - View: 716

The latest report from the Ministry of Agriculture and Rural Development showed that agro-forestry export hydro-month 4/2013 is estimated at U.S. $ 2.37 billion, bringing the export value of forestry, fisheries 4 months of 2013 estimated at 8.67 billion, up 0.4% compared to the same period last year.
In particular, the export value of major agricultural commodities is estimated at 4.54 billion, down 6.2% and fishery is estimated at $ 1.71 billion, down 4.6%; primary forest products was estimated at 1, 69 billion U.S. dollars, up 14.5%.
Some agricultural products exported key as rice, pepper and cashew witnessed sharp fall is considered the main cause of the export prices of major agricultural commodities go down.
In terms of rice, rice month's export volume 4/2013 is estimated at 807 thousand tons, valued at $ 340 million, bringing the volume of rice exports first 4 months in 2013 is estimated at 2.38 million tonnes, worth nearly 1.04 billion, up 7.6% in volume and value decreased by 0.2% compared to the same period last year.
The average export price of rice 3 months reached 445 USD / ton, down 12.4% compared to the same period in 2012.
Rice exports to the Chinese market with strong growth in quarter 1/2013 volume reached 708 322 tonnes worth $ 290.7 million, up 144.8% in volume and 127.1% increase in value the same period last year. China continues to be the market's biggest rice consumption accounted for 41.7% of Vietnam's total export value, followed by Singapore (5.7%), Indonesia (4.9%) and Hong Kong (4 , 7%).
Witnessed in coffee export volumes fell sharply, but exports as prices rise, the value decreased slightly better turnover.
Estimate the volume of coffee exports in April reached 133 thousand tons, valued at $ 279 million to coffee export volume reached 4 months of 608 thousand tons, valued at over $ 1.3 billion, down 13, 4% in volume and 11.1% in value compared to the same period in 2012.
Export price of coffee per quarter 1/2013 was $ 2,165 / ton, up 4.4% from the same period last year.
Similarly for rice export prices decline sharply in the first 4 months. Price reduction plus reduction in export volume, export value in making the first 4 months slumped.
The volume of rubber exports in April reached 44 thousand tons worth $ 101 million. With this estimate, 4 months exports reached 234 thousand tons worth $ 610 million, down 12.9% in volume and 24.2% in value over the same period in 2012.
In terms of tea, estimated exports in April reached 9 tons with a turnover of $ 14 million, bringing its total tea exports reached 4 months of 38 thousand tons with a value of $ 58 million, down 3.2% on volume but up 4% in value compared to the same period in 2012. The average export price of tea quarter 1/2013 was $ 1,499 / ton, up 7.7% compared with the same month last year.
Cashew is a major agricultural export prices witnessed a sharp decline in the early months. The average export price of 3 months to reach $ 6,036 / ton, down 14.6% compared to the same period last year.
April, cashew nut export volume reached 17 thousand tons worth $ 112 million, bringing total exports in the first 4 months of 61 thousand tons worth $ 374 million, up 9.7% in volume down 1.8% in value over the same period in 2012.
Export prices also reduce the consumption of the first 3 months. Average Export Prices quarter 1/2013 was $ 6,621 / ton, down 3.4% compared to the same period in 2012.
Pepper exports in April reached 17 thousand tons, turnover of 117 million U.S. dollars export target volume to 4 months to 56 thousand tonnes with export value of U.S. $ 370 million, an increase of 14.7% in volume and 17 , 0% in value over the same period last year.
The report of the Ministry of Agriculture and Rural Development, the import value of agricultural, forestry and fishery in the first 4 months of 2013 reached U.S. $ 5.47 billion, up 6.8% compared to the same period in 2012.
With this level of imports, agriculture, forestry and fisheries groups reached $ 3.2 billion trade surplus in the first 4 months.

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