Vietnam is the leading country in apple imports

Published 2021년 6월 8일

Tridge summary

Vietnam has emerged as one of the leading importers of apples in the world, with imports quadrupling over the past five years and ranking fifth globally. Despite being a fruit not naturally grown in the country due to climatic conditions, Vietnam's rapid economic growth and demographics have led to a surging demand. In 2020, apple imports reached about 265 thousand tons, with the average price per kilogram being $1.77, allowing apple exporters to earn around half a billion US dollars. The free trade agreement between the EU and Vietnam has been particularly beneficial for major suppliers like the US and New Zealand, although Ukraine has been unable to capitalize on this opportunity.

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Original content

In 2020, Vietnam literally broke into the number of world leaders in apple imports, more than doubling its imports. In just five years, apple imports to Vietnam have more than quadrupled! This was reported by east-fruit, agronews.ua. Now, in terms of apple imports, Vietnam ranks fifth in the world, surpassing Bangladesh and India and almost catching up with Egypt. Thus, only Russia, Germany and the United Kingdom are ahead of Vietnam in terms of apple imports. However, due to the high level of apple prices in Vietnam, this country is the third largest market in the world in terms of sales revenue, ahead of both Egypt and the United Kingdom, and second only to Germany and Russia. Apple exporters were able to earn nearly half a billion US dollars in 2020 by supplying apples to Vietnam. At the same time, the volume of Vietnamese apple imports amounted to about 265 thousand tons. So it is easy to calculate that the average price at which Vietnamese fruit importers bought apples ...

Source: AgronewsUA