For the first time, the United States has surpassed China to become Vietnam's largest export market for coconuts.

For the first time, the United States has surpassed China to become Vietnam's largest export market for coconuts, accounting for nearly 27% of Vietnam's total coconut exports. Thanks to strong demand from retail chains and the beverage industry, the U.S. imported over $14 million worth of coconuts in July alone, which is 2.3 times the amount from the same period last year. China's total imports for the first seven months of the year saw a slight increase compared to last year, totaling about $67 million, accounting for approximately 22% of Vietnam's total coconut exports. In addition to the two major markets of the U.S. and China, several other export markets have also shown significant growth. Among them, Australia saw a 77% increase, while the UAE and Spain both experienced more than a doubling of exports. Conversely, Vietnam's exports to Thailand and South Korea have declined sharply. Nguyen Dinh Tung, CEO of Vina T&T, a Vietnamese fruit export company, stated that the company ...