Fruit and vegetable exports in Vietnam are approaching the 7 billion USD mark

Published 2024년 7월 21일

Tridge summary

The Vietnam Fruit and Vegetable Association reports a 23.4% increase in fruit and vegetable export turnover in the first 7 months of 2024, reaching over 3.8 billion USD, with China being the largest market. Other significant markets include South Korea and the US, showing growth. Durian, banana, and dragon fruit were the main contributors to this growth. Vietnam's market share in China has increased, and the country is set to sign the Frozen Durian Export Protocol with China. There is also potential for growth in the Thai market due to hot weather affecting Thai durians. Additionally, the UK and EU markets are showing an increasing demand for imported fruits and vegetables.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information from the Vietnam Fruit and Vegetable Association, in the first 7 months of 2024, our country's fruit and vegetable export turnover is estimated to reach more than 3.8 billion USD, an increase of 23.4% over the same period in 2023. Among the top 10 import markets of Vietnamese fruits and vegetables, most grew from 15% to 96%. China is still the largest market, accounting for 64% of total export turnover with 2.1 billion USD in the first half of the year, up 22% over the same period. Next is South Korea with 164 million USD and the US with more than 157 million USD, up 55% and 33% respectively. Durian is the main export product In particular, Thailand - a competitor of Vietnam in exporting fruits and vegetables to China - also increased purchases of Vietnamese goods, reaching 97 million USD in the first 6 months of the year, nearly doubling over the same period last year. . Durian, banana and dragon fruit are the main products contributing to the growth of ...

Source: VNRuralEconomics