Vietnamese fruit exports boom, lychee crop faces declined output

Published 2024년 5월 31일

Tridge summary

Vietnam's fruit and vegetable exports have seen a significant increase of 28.1% in the first five months of the year, reaching a value of 2.59 billion USD. The country's main exports include durian, dragon fruit, jackfruit, and banana, with the trend expected to continue due to domestic abundance and increasing demand. However, the production of lychee is expected to decrease by half in 2024 due to unfavorable weather conditions. Despite this setback, proactive measures are being taken by Vietnam to expand its agricultural market, both in traditional and emerging markets, and to remove technical and trade barriers for its agricultural products. The Ministry of Agriculture and Rural Development (MARD) is also working on a protocol for the export of frozen durian and fresh coconut to China.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam's fruit and vegetable exports are flourishing, with an annual 28.1% increase in value to 2.59 billion USD recorded in the first five months of this year. Durian, dragon fruit, jackfruit, and banana remain major currency earners, said Chairman of the Vietnam Fruit and Vegetables Association Nguyen Thanh Binh. He predicted the positive trend will continue, citing abundant domestic supply and rising demand from both traditional and emerging markets. This optimism is further bolstered by the arrival of peak harvest seasons for key fruits like durian, dragon fruit, pineapple, watermelon, mango, longan, and lychee. However, Director of the Department of Crop Production under the Ministry of Agriculture and Rural Development (MARD) Nguyen Nhu Cuong highlighted a potential challenge. Unfavourable weather conditions have significantly reduced the preliminary estimate for lychee production in 2024. The current forecast sits at around 200,000 tonnes, a decrease of nearly half ...
Source: WTOCenter

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