JAN-FEB AGRO-FORESTRY-FISHERY EXPORTS PUT AT US$11 BILLION

Farmers harvest fish from a farm in the Mekong Delta - PHOTO: TRUNG CHANH

HCMC – Agro-forestry-fishery exports were estimated at US$11.3 billion in the first two months of 2026, up 17.1% from a year earlier, according to the Ministry of Agriculture and Environment.

The ministry released the data at a regular press briefing on March 11. Exports continued to grow despite global uncertainties, including geopolitical tensions, volatile commodity and financial markets, and risks of supply chain disruptions. Domestically, macroeconomic conditions remained stable but faced external risks and unpredictable natural disasters.

Agricultural products generated US$6.09 billion in export revenue in January–February, up 17.1% year-on-year. Forestry products brought in US$2.8 billion, rising 7.4%. Seafood exports reached US$1.76 billion, up 23.3%, while livestock products totaled US$141 million, up 84.3%.

Agro-forestry-fishery imports were estimated at US$7.81 billion, up 6.9% from a year earlier. Agricultural imports accounted for US$4.94 billion, rising 10.1%. Livestock imports reached US$849.4 million, up 22.7%, while seafood imports totaled US$497.9 million, increasing 1.6%. Forestry imports rose 27.2% to US$523.9 million. Imports of production inputs declined 18.6% to US$993.9 million.

The sector posted a trade surplus of US$3.49 billion in the first two months of the year, up 48.5% from the same period in 2025.

Asia remained the largest export market, accounting for 45.5% of all shipments, up 27.7% year-on-year. The Americas made up 21% of exports, rising 10.4%, followed by Europe with a 15.7% share, up 12%. Oceania accounted for 1.4%, increasing 32.4%. China, the United States and Japan remained the three largest export markets.

Imports were highest from Asia, which accounted for 28.1% of total agro-forestry-fishery imports, up 13.8%. The Americas held a 27.1% share, rising 7.4%.

Source: The Saigon Times