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Affected by the epidemic, exports of new primary products fell by 1% in the year ending June 2021
.
The report predicts that dairy products will lead the growth of exports of primary products.
The export value of dairy products is expected to increase by 10% year-on-year to S$20.
9 billion.
The export of meat, horticultural products, forest products, aquatic products and other products is expected to grow moderately.
The export of honey products is expected to increase.
There will be a decline
.
The new Minister of Agriculture O'Connor pointed out that this is the first time that new primary products are expected to exceed S$50 billion.
The signs of recovery in agricultural exports are encouraging, showing the government's positive results in responding to the challenge of the epidemic
.
Marine Fisheries Minister Parker stated that seafood exports are rapidly recovering from the impact of the epidemic and are expected to increase by 4% to S$1.
9 billion
.
The signs of recovery in agricultural exports are encouraging, showing the government's positive results in responding to the challenge of the epidemic
.
Marine Fisheries Minister Parker stated that seafood exports are rapidly recovering from the impact of the epidemic and are expected to increase by 4% to S$1.
9 billion
.
China is the new largest export market, accounting for 37% of the export of new primary products, of which 42% of the export of new dairy products, 57% of the export of forest products, and 38% of the export of aquatic products, meat and wool
.
.