Vietnam's fruit and vegetable exports far exceed the target and could reach 15 billion USD by 2030

Published 2024년 9월 30일

Tridge summary

The article highlights the significant growth in Vietnam's fruit and vegetable exports, particularly to China, with a total turnover of nearly 5.7 billion USD in the first 9 months of 2024, a 34% increase from the previous year. Durian is the top product contributing to this growth, followed by dragon fruit, banana, jackfruit, and mango. China remains the largest market, with a turnover of 3.4 billion USD, and it is predicted that exports could exceed 7 billion USD by the end of the year. However, Vietnam faces increasing competition as China also develops its agricultural products. To promote agricultural trade, Vietnam and China are planning to coordinate to expand agricultural products into the Chinese market. Experts forecast that with continued growth and increasing demand, Vietnamese fruit and vegetable exports could reach 10 billion USD by 2030 and 15 billion USD by 2030 with a focus on product quality, unique flavors, and food safety.

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

Original content

To date, 12 types of Vietnamese fruits have been officially exported to the Chinese market. Fruit and vegetable export turnover far exceeds the target. According to the Vietnam Fruit and Vegetable Association, in the first 9 months of 2024, fruit and vegetable exports reached nearly 5.7 billion USD, up 34% over the same period and equal to last year. Fruit and vegetable export turnover is at an all-time high, with durian being the main product, reaching a value of 2.5 billion USD. Other fruits such as dragon fruit, banana, jackfruit and mango also contributed significantly to export growth. Of the 10 main markets importing Vietnamese fruits and vegetables, most recorded strong growth, except for the Netherlands. China continues to be the largest market with a turnover of 3.4 billion USD in the first 9 months of the year, up 36% over the same period last year. Followed by the United States, South Korea and Thailand with import value growing by 35-90%. “Vietnamese fruits and ...

Source: VNRuralEconomics