Vietnam: Fruit and vegetable exports reached a record high of more than 5 billion USD

Published 2023년 11월 21일

Tridge summary

The fruit and vegetable industry in Vietnam has seen significant growth, with durian contributing the most to this growth. Durian, jackfruit, watermelon, grapefruit, and longan have all experienced growth rates of 50-200% compared to the previous year. China is the largest importer of Vietnamese fruits and vegetables, accounting for 66% of the market share, while the US, Korea, and Japan are also major buyers. The increase in exports is attributed to countries like China and improved logistics infrastructure, and it is predicted that by the end of 2023, exports will reach 5.5 billion USD.

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

Original content

The above data has just been announced by the Vietnam Fruit and Vegetable Association. Accordingly, durian is the fruit that contributes the largest growth to this group with a ratio of 40% of turnover. Next are jackfruit, watermelon, grapefruit, and longan, all with growth rates of 50-200% compared to the same period last year. With an 11-month export turnover estimated at 5.2 billion USD - the fruit and vegetable group leads the agricultural industry for the first time, surpassing key groups such as rice, cashew nuts, coffee, cassava... Currently, China is the country importing the most Vietnamese fruits and vegetables with a total turnover of 10 months reaching 3.2 billion USD, up 2.7% over the same period last year and accounting for 66% of the market share. Next is export to the US market reaching over 212 million USD, down more than 3% over the same period last year; Korea reached 187 million USD, up 25%; Japan is 151 million USD, up 7%... Mr. Dang Phuc Nguyen - General ...

Source: VNExpress