Vietnamese mangoes in the market, cheaper than vegetables

Published 2021년 5월 20일

Tridge summary

Vietnam's fruit and vegetable exports have seen a 9.5% increase in the first four months of the year, reaching US$1.35 billion, with mango exports alone bringing in 125.2 million USD, a 30.6% increase from the previous year. However, the domestic market is facing a significant issue as mango prices have dropped sharply, leading to an oversupply. As a result, mangoes are now being sold in sets or boxes instead of by weight to offset the high shipping costs. This price drop and the epidemic impact have caused difficulties for growers in southern Vietnam, particularly in An Giang and Long An provinces.

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

Original content

The report of the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development) shows that the export of vegetables and fruits, especially fruit products, is having a good recovery. Accordingly, in the first four months of this year, fruit and vegetable exports reached US$1.35 billion, up 9.5% over the same period in 2020. In particular, in the first quarter of this year, the export of "Vietnamese mango" earned 125.2 million USD, up 30.6% over the same period in 2020. However, these days, the price of mangoes at the market has dropped sharply. For example: An Giang low-seeded mangoes are reduced to 9,000-15,000 VND/kg depending on the type, many places are selling mangoes for 15,000 VND/kg, Vip Taiwanese mangoes are only 7,000 VND/kg, Australian mangoes are advertised. As for export goods, the price has also decreased to 15,000 VND/kg,... Not only that, mangoes are also landing in the markets in extremely large quantities. So, ...

Source: Industry and Consumption Newspaper