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Agricultural and food exports in the first quarter increased by 42% from last year
Recorded $107 million from Jan. - Mar. this year led by ginseng, pears and strawberries
2018.07.06(금) 10:19:15 | CNnews (
chungnamdo@korea.kr)
Chungcheongnam-do's agricultural and food exports in the first quarter of this year is found to have increased by 42% from the same period last year as a result of the growth of ginseng, pear and strawberry exports.
According to Chungcheongnam-do on the 29th, the province's agricultural and food exports in the first quarter, from January to March this year, came to $107 million. Exports of agricultural products increased by 64% from the same period last year to $74 million and that of fisheries products increased by 18% to $21 million. Exports of livestock products also increased by 34% to $6 million.
By item, exports of ginseng, Chungcheongnam-do's representative agricultural product, increased considerably to the Great China Region as of late, and thus exports rose by 377% from the same period last year to $29.5 million.
Among fresh agricultural products, exports of pears increased by 17% to $7 million. In addition, exports of strawberries and vegetables, such as tomatoes, increased by more than 80% from the same period last year to $2.5 million. As for livestock products, exports of chicken, which had been suspended due to the outbreak of AI, resumed to Vietnam.
As a result, exports of $1.3 million were recorded, leading the trend of increase in the exports of livestock products. However, duck down, which is classified as non-timber forest products, was replaced by cheaper Chinese products, and thus exports were stagnant. This resulted in a decrease of the overall exports of forest products by 25% from the same period last year to $5.04 million.
By country, exports to the U.S. were recorded as $20 million, up by 23.9% from the previous year, despite negotiations to amend the FTA. To China, exports increased by 45% to $22 million as a result of an increase in the exports of ginseng and related products. Exports to Japan also increased by 65% to $13 million.
In particular, to Vietnam, which has come into the limelight as of late in line with the New Southern Policy, exports increased by 65% from the same period last year to $11 million thanks to the increased exports of pears and chicken. Accordingly, Vietnam is growing as a central market in Southeast Asia.
Analyzing that its various supporting policies to increase exports have been effective in encouraging efforts of farmhouses and agricultural and food companies to improve their price competitiveness, Chungcheongnam-do plans to accelerate the support for agricultural and food exports. In particular, Chungcheongnam-do will develop an export-centered production complex with small- and medium-scale controlled farmhouses in the province and export-leading organizations by export item, and thus promote price competitiveness improvement through the systemization of farmhouses. In addition, it will actively provide support in resolving non-tariff barriers, such as those raised by quarantine and customs clearance-related issues that can occur in the course of exporting, and introducing special farming technologies from overseas countries.
“Chungcheongnam-do’s export performance in the first quarter is a valuable outcome that has been achieved despite the difficult conditions that surrounded us, such as the proliferation of protectionism,” said Lee In-beom, Director of Agricultural Produce Distribution Division. “We will continue to perform various supporting activities to foster exporting farmhouses and develop overseas markets in order to help farmhouses increase their income through exports.”
According to Chungcheongnam-do on the 29th, the province's agricultural and food exports in the first quarter, from January to March this year, came to $107 million. Exports of agricultural products increased by 64% from the same period last year to $74 million and that of fisheries products increased by 18% to $21 million. Exports of livestock products also increased by 34% to $6 million.
By item, exports of ginseng, Chungcheongnam-do's representative agricultural product, increased considerably to the Great China Region as of late, and thus exports rose by 377% from the same period last year to $29.5 million.
Among fresh agricultural products, exports of pears increased by 17% to $7 million. In addition, exports of strawberries and vegetables, such as tomatoes, increased by more than 80% from the same period last year to $2.5 million. As for livestock products, exports of chicken, which had been suspended due to the outbreak of AI, resumed to Vietnam.
As a result, exports of $1.3 million were recorded, leading the trend of increase in the exports of livestock products. However, duck down, which is classified as non-timber forest products, was replaced by cheaper Chinese products, and thus exports were stagnant. This resulted in a decrease of the overall exports of forest products by 25% from the same period last year to $5.04 million.
By country, exports to the U.S. were recorded as $20 million, up by 23.9% from the previous year, despite negotiations to amend the FTA. To China, exports increased by 45% to $22 million as a result of an increase in the exports of ginseng and related products. Exports to Japan also increased by 65% to $13 million.
In particular, to Vietnam, which has come into the limelight as of late in line with the New Southern Policy, exports increased by 65% from the same period last year to $11 million thanks to the increased exports of pears and chicken. Accordingly, Vietnam is growing as a central market in Southeast Asia.
Analyzing that its various supporting policies to increase exports have been effective in encouraging efforts of farmhouses and agricultural and food companies to improve their price competitiveness, Chungcheongnam-do plans to accelerate the support for agricultural and food exports. In particular, Chungcheongnam-do will develop an export-centered production complex with small- and medium-scale controlled farmhouses in the province and export-leading organizations by export item, and thus promote price competitiveness improvement through the systemization of farmhouses. In addition, it will actively provide support in resolving non-tariff barriers, such as those raised by quarantine and customs clearance-related issues that can occur in the course of exporting, and introducing special farming technologies from overseas countries.
“Chungcheongnam-do’s export performance in the first quarter is a valuable outcome that has been achieved despite the difficult conditions that surrounded us, such as the proliferation of protectionism,” said Lee In-beom, Director of Agricultural Produce Distribution Division. “We will continue to perform various supporting activities to foster exporting farmhouses and develop overseas markets in order to help farmhouses increase their income through exports.”
