Vietnam: Favourable conditions in place for stronger fruit exports

Published 2024년 7월 8일

Tridge summary

Vietnam's fruit and vegetable exports are thriving, with a 28% year-on-year increase in the first half of 2024, reaching $3.4 billion. Key exports include durian, dragon fruit, banana, and longan, with significant growth in shipments to China, Thailand, and the Republic of Korea. The Vietnam Fruit and Vegetable Association (VINAFRUIT) forecasts continued growth, especially during main harvest seasons. El Nino's impact on global dragon fruit output offers Vietnam a chance to dominate European and North American markets. Efforts to improve fruit quality and trade promotion have bolstered exports, with Bac Giang province seeing higher revenue despite lower lychee output. The Ministry of Agriculture and Rural Development (MARD) emphasizes the importance of production and packaging unit codes in enhancing the reputation of Vietnamese produce.

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Original content

Fruit and vegetable exports are forecast to continue going smooth in the time ahead thanks to abundant domestic supply and foreign markets’ growing demand. The exports brought home 3.4 billion USD during the first half of 2024, surging 28% year on year, reported the Ministry of Agriculture and Rural Development (MARD). The Vietnam Fruit and Vegetable Association (VINAFRUIT) said durian, dragon fruit, banana, and longan were major contributors to exports growth. Shipments to key markets also increased 10 - 50% from the same period last year. China, Thailand, and the Republic of Korea (RoK) remain large importers, with their purchases from Vietnam up 30 - 60% year on year by the end of May. China alone imported about 1.7 billion USD worth of Vietnamese fruits and vegetables in five months, soaring 33%. Predicting the continuation of smooth fruit and vegetable exports, VINAFRUIT explained that domestic supply is abundant while demand in both traditional and potential markets is on ...

Source: WTOCenter