Vietnam: Fruit and vegetable exports are expected to exceed 7 billion USD

Published 2024년 6월 27일

Tridge summary

The Vietnam Fruit and Vegetable Association predicts that the industry will surpass a revenue of 7-7.5 billion USD this year, with fruit and vegetable exports reaching 3.4 billion USD in the first half alone. There has been a significant increase in demand and opportunities, with notable growth in durian, dragon fruit, bananas, and longans. Businesses are also signing large value contracts in new markets, experiencing increased interest from quality product consumers in Vietnam. There is potential for further growth with the main durian harvest season and the possibility of more agricultural products like frozen durian and fresh coconut participating in negotiations with China. Businesses are also focusing on improving product quality, transporting goods by air, and collaborating with shipping lines to prioritize agricultural products amidst rising container shipping rates.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Vtv.vn Besides the good signs of the rice market, fruit and vegetable exports are aiming to reach 7-7.5 billion USD this year, with impressive achievements in the first half of the year. This is the assertion of the Vietnam Fruit and Vegetable Association. Not only did it achieve export sales of 3.4 billion USD in the first half of the year, but business orders in the second half of the year were still very abundant thanks to increased market demand and opportunities from signed protocols. Durian, dragon fruit, bananas, and longans are all fruit products that contribute mainly to export growth in the first half of the year. Meanwhile, key markets also recorded an increase of 10-50% over the same period in 2023. In addition to increasing orders from traditional customers, this business is also continuously signing large value contracts in new markets. Mr. Nguyen Dinh Tung - General Director of T&T Vina Company said: "The longans exported to Canada, Australia, and last ...
Source: AgroInfo.vn

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.