Find out information about fruit and vegetable export to EU market

Published 2021년 2월 18일

Tridge summary

Vietnam has seen a significant increase in its vegetable and fruit production capacity over the past five years, with a consistent annual growth rate of 6%. The area under vegetable and fruit cultivation has expanded, and the adoption of VietGap and Global Gap standards has risen, covering around 5-10% of planted areas. The country has around 150 industrial-scale processing facilities for fruits and vegetables, with a capacity of approximately 1 million tons per year, but only 56% of this capacity is being utilized due to a lack of quality raw materials. Despite this, the sector has grown significantly, aided by substantial investment from companies such as Vingroup, T&T, and LaviFoods. The European Union (EU) is a major market for Vietnamese agricultural products, importing 45-50% of the world's fruits and vegetables. The EU-Vietnam Free Trade Agreement (EVFTA) is expected to further boost exports by eliminating 94% of the total 547 tax lines for agricultural products, Recognizing 39 geographical indications of Vietnam, and allowing automatic protection of Vietnamese products in the EU.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Source: Vietnambiz.vn Supply capacity of vegetables and fruits of Vietnam Among agricultural products, vegetables and fruits are one of the industries with the best breakthrough in production capacity in the past 5 years, according to Department Thi European - American School. The area of vegetables and fruits has been increasing continuously in recent years, the average growth rate is 6% / year. The proportion of areas applied VietGap, Global Gap also tends to increase, about 5 - 10% of planted areas applied Global Gap. Vegetable acreage and output tend to increase. In 2019, the output of vegetables of all kinds will reach 17.95 million tons, an increase of 855.3 thousand tons; the area increased by 26.1 thousand hectares. Source: Europe - America Market Department For the group of fruit trees, yields increased significantly, including citrus trees, mangoes and dragon fruits thanks to stable consumption markets. Source: Europe - America Market Department According to the Vietnam ...
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.