Farm produce associations and member enterprises are still pessimistic about outlooks for farm and seafood exports in the rest of the year though export earnings this year to date have risen 14.5% year-on-year to US$13.67 billion.
According to the Ministry of Agriculture and Rural Development, the country has this year fetched nearly US$2.9 billion in seafood exports, a year-on-year increase of 10.6%. Because of the rising public debts and non-tariff barriers in Europe, exports to the market have narrowed, with shipments to Germany falling 26.4%, Netherlands shrinking some 11% and Italy plummeting over 16% from the year-ago period.
?The shrinking revenues due to poor demands from the European market is partially made up for thanks to exporters? efforts to look for new markets and promote their images in Asia, Eastern Africa and Australia,? said Truong Dinh Hoe, general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP). ?But we are still worried about the performance in the year?s second half,? Hoe noted.
This is the reason why VASEP cannot make sure the total export value of the whole year will amount to US$6 billion or US$6.5 billion as targeted earlier, Hoe told the Daily.
According to VASEP, despite the struggling European market, exports to other markets like the U.S., South Korea, Australia and ASEAN are posting high growth rates, at 10-35% from the previous year. The association said the high demand from new importers helped take seafood export turnover in the first six months to US$2.9 billion, marking up 10.6% year-on-year.
Similarly, rubber exporters said there is no ground for them to expect a brighter outlook for export in the second half.
In the year?s first half, local rubber exporters have reaped US$1.3 billion from shipping 412,000 tons abroad, up 42.5% in volume but down 0.3% in value, as the export price averaged out at just more than US$3,000 a ton, tumbling 30.5% year-on-year.
General secretary of the Vietnam Rubber association (VRA) Tran Thi Thuy Hoa predicted that rubber export in the next six months would only increase in volume rather than value as prices are to remain unchanged.
The association forecast rubber shipments for foreign markets will reach about 900,000 tons, rising by roughly 75,000 tons against last year. The nation will collect some US$3 billion from rubber export, dipping by US$200 million year-on-year.
Like rubber exporters, rice exporters have witnessed their revenues declining in the January-June period, with shipment volumes standing at approximately 3.7 million tons worth US$1.7 billion, slipping by 8.8% and 13.5% respectively, said the agriculture ministry.? The average export price was US$464 per ton, a fall of 5.7% from the preceding year as recorded by the ministry.
The price of export coffee also went down in the first six months, at US$2,100 a ton on average, falling by nearly US$100. Regardless of this, coffee exports in the period totaled 1.1 million tons worth US$2.3 billion, up 26.5% in volume and 20.4% in value year-on-year. ? SGT
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