Vietnam: China and the US increased imports of agricultural products, the price of many domestic fruits increases

Published 2021년 5월 12일

Tridge summary

Vietnam has seen a 9.5% increase in the export value of fruits and vegetables in the first four months of 2021 compared to the same period in 2020, despite the Covid-19 pandemic. The country's fruit and vegetable exports to China, its largest market, reached over 610 million USD in the first quarter of 2021, up 16.2% year-on-year. Ukraine and Taiwan are also growing as significant markets. The weather conditions and increased export activities have contributed to higher domestic fruit prices, in some cases doubling.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In particular, some fruits such as green grapefruit, dragon fruit, pineapple ... have increased sharply compared to the time of the last Lunar New Year 2021. According to the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), the export value of vegetables and fruits in April 2021 is estimated at 380 million USD. This figure has raised the export value of fruits and vegetables in the first 4 months of this year to USD 1.35 billion (up 9.5% over the same period in 2020). The Department of Agricultural Product Processing and Market Development assessed that the export of a variety of vegetables and fruits in the first four months of this year had a strong growth, despite being affected by the Covid-19 disease. China is still Vietnam's leading fruit and vegetable import market, with about 65% market share. In the first quarter of 2021, fruit and vegetable exports to this market reached more than 610 million USD, up ...

Source: Danviet