Tridge summary
Vietnam's fruit and vegetable exports saw a decrease of 6.6% in 2022, reaching $3.3 billion, while imports surged by 35.2% to nearly $2.1 billion, the highest in three years. China emerged as the leading market, accounting for 41% of imports. Significant growth was also observed in imports from India, South Africa, and Cambodia. A survey found that prices of fruits from China, India, and Cambodia were low in a Ho Chi Minh City market. The surge in imports led to an increase in the availability and quality of foreign fruits in Vietnam.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
The report of the Vietnam Fruit and Vegetable Association showed that the whole year of Vietnam's fruit and vegetable exports reached $3.3 billion, down 6.6% over the same period. In contrast, Vietnam's fruit and vegetable imports reached nearly $2.1 billion, up 35.2% over the same period. This is also the strongest import level in the past 3 years. In the top 10 fruit and vegetable import markets of Vietnam in 11 months, China is the market with the highest output and strongest growth, accounting for nearly 41% of the market share, up 10% over the same period last year. Import turnover of vegetables and fruits from China in 11 months reached 765 million USD. The next strong growth markets are India (up 67%), South Africa (up 54%), Cambodia (up 33%) over the same period in the first 11 months of 2021. A survey by VnExpress showed that at a traditional market in Ho Chi Minh City, fruits and vegetables from China, India, and Cambodia are in season, so the prices are very cheap. ...
Source: VNExpress
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