Prospects for Vietnam’s fruit and vegetable exports in 2024

Published 2024년 1월 12일

Tridge summary

The Ministry of Agriculture and Rural Development of Vietnam predicts a 15-20% growth in the fruit and vegetable industry, with a target of US$4.5 billion in exports for 2024. Vietnam's fruit and vegetable exports have been expanding into markets such as the US, New Zealand, and the European Union, with a focus on improving quality and compliance with regulations. With the potential for further growth, the ministry continues to work with enterprises to promote the development of Vietnamese fruits and vegetables in the export market.

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

Original content

The Ministry of Agriculture and Rural Development of Vietnam predicts that the fruit and vegetable industry will set a new record in 2024, growing by 15-20% compared to 2023, reaching a scale of US$6.5 billion to US$7 billion. Vietnam's agricultural department has set a target of US$4.5 billion in fruit and vegetable exports in 2024 and US$5 billion in 2025. It is worth mentioning that the export volume of fruits and vegetables in 2023 has reached US$5.69 billion, achieving the set target two years ahead of schedule. Dang Phuc Yuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that the quality of fruits and vegetables is increasingly improving and meets market standards. The variety of fruit and vegetable products is rich and diverse, and is favored by the international market. The highlight of Vietnam's fruit and vegetable industry in 2023 is durian exports with a value of 2.3 billion to 2.4 billion US dollars. The target is much higher than the ...

Source: Foodmate