Germany, the UK, and the US consume more Vietnamese dragon fruit

Published 2024년 6월 10일

Tridge summary

Vietnamese dragon fruit exports to the US, UK, and Germany have seen a significant increase, with gains of 100% to 266% in the first four months of the year compared to the same period last year. Despite this, the total dragon fruit export earnings for Vietnam have decreased by 7.5% to US$230 million, primarily due to a 19.3% drop in exports to China, its largest market. Additionally, imports of dragon fruit from Hong Kong and Japan have also declined. The Vietnam Fruit and Vegetable Association sees opportunities for Vietnamese dragon fruit to expand in Europe and North America, especially with crop failures in Mexico and South American countries.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnamese dragon fruit exports to the United States, the United Kingdom, and Germany skyrocketed by between 100% and 266% in the first four months of the year compared to the same period last year, according to the General Department of Vietnam Customs. Specifically, exports to Germany and the UK saw a rise of more than 2.3 fold to reach US$786,000 and over US$1 million in value, respectively. Meanwhile, exports to the US and Indian markets also surged by over 102% and 33% to US$13 million and US$16.5 million, respectively. Statistics indicate that Vietnam earned US$230 million from exporting dragon fruit in the four-month period, down 7.5% year on year. Experts attributed this decline to the fact that dragon fruit exports to China, Vietnam’s main export market, continued to drop 19.3% to only US$162 million. Elsewhere, markets such as Hong Kong (China) and Japan also reduced imports of dragon fruit from Vietnam, representing a fall of between 0.6% and 7.5%. Dang Phuc Nguyen, ...
Source: WTOCenter

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