Vietnam's fruit and vegetable exports in October decreased sharply

Published 2024년 11월 18일

Tridge summary

Vietnam's fruit and vegetable exports in October saw a significant decrease of 43.3% from September and 14.6% from October 2023, totaling 519.8 million USD. Despite this, the first 10 months of 2024 saw a 27.8% increase in export turnover compared to the previous year, reaching 6.16 billion USD. Durian is the primary contributor to this growth, accounting for 49.86% of the total turnover. The outlook for the rest of 2024 remains positive due to seasonal factors. However, challenges such as increasing competition and over-reliance on a single market exist, especially with China expanding its acreage for key export fruits and becoming a competitive market for Vietnamese goods.

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

Original content

The General Department of Import and Export cited data from the General Department of Customs, saying that Vietnam's fruit and vegetable export turnover in October decreased by 43.3% compared to September and decreased by 14.6% compared to October 2023, reaching 519.8 million USD. Source: General Department of Customs (compiled by H.Mị) In the first 10 months of 2024, Vietnam's fruit and vegetable export turnover reached 6.16 billion USD, up 27.8% over the same period last year. The largest contributor to the overall growth rate of the entire industry is durian, accounting for 49.86% of the country's total fruit and vegetable export turnover. The General Department of Import and Export said that the outlook for fruit and vegetable exports at the end of 2024 will generally remain positive due to seasonal factors. Although the main durian season ended in October, Vietnam still has off-season goods. In addition, the export turnover of many vegetables, tubers, fruits and other ...

Source: Vinanet