Vietnam: Fruit and vegetable exports reached more than 3 billion USD in the first half of the year

Published 2024년 6월 20일

Tridge summary

Vietnam has seen a significant increase in fruit and vegetable exports in the first half of the year, with a 28% rise to 3.4 billion USD compared to the same period in 2023. This growth is primarily driven by the export of durians, dragon fruits, bananas, and longans, with key markets including China, Thailand, and South Korea. In fact, China's imports of Vietnamese agricultural products have grown by 30-60% year-over-year, reaching 1.7 billion USD in the first five months. However, the Chinese government has warned about the quality of imported agricultural products, emphasizing the need for compliance with its strict standards. Despite this, the Vietnam Fruit and Vegetable Association anticipates a 15-20% growth in exports for the year, potentially reaching 7 billion USD if the export protocols are optimally utilized.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Fruit and Vegetable Association, preliminary data from Vietnam customs durian, dragon fruit, banana and longan are the fruits that greatly contribute to fruit and vegetable export growth. It is estimated that in the first half of the year, Vietnamese fruit and vegetable exports reached 3.4 billion USD, up 28% over the same period last year. Key markets recorded an increase of 10-50% over the same period in 2023, except for the Netherlands, which reduced purchasing. China, Thailand and Korea are still large markets. By the end of May, their imports increased by 30-60% over the same period last year. Of which, Thailand spent 74.5 million USD and South Korea 136 million USD to buy Vietnamese fruits and vegetables. As for China, in 5 months the country bought 1.7 billion USD of Vietnamese agricultural products, an increase of 33% over the same period in 2023. According to Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, ...
Source: VNExpress

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