Vietnam’s fruit and vegetable exports set to reach US$7.2 billion in 2024

Published 2024년 11월 29일

Tridge summary

Vietnam is projected to reach US$7.2 billion in fruit and vegetable exports by the end of 2024, with an export surplus of approximately US$4.5 billion, primarily driven by durian which accounts for 40-45% of the total. This is due in part to a recent agreement with China for the export of frozen durian and fresh coconut, and unfavorable weather in Thailand leading to reduced agricultural output and increased purchases of produce from Vietnam. Additionally, Vietnamese agricultural products, including coconut, passion fruit, and other fruits, are gaining popularity in the US, indicating potential for further growth.

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

Original content

According to data from the General Department of Vietnam Customs, the value of Vietnam’s export turnover for fruits and vegetables (fresh and frozen) in the first eleven months of 2024 was US$6.6bn. Local publication Saigon Giai Phong News (SGGP), expects this figure to reach US$7.2bn by the end of the year. SGGP reported that the export surplus of fruits and vegetables reached approximately US$4.5bn with durian representing 40-45 per cent of the total. This follows the recent agreement between Vietnam and China for the export of frozen durian and fresh coconut to China, which has created significant opportunities. According to SGGP, certain enterprises have agreements in place to deliver as many as 1,500 containers of coconut. Vietnam is also poised to overtake Thailand as the leading exporter of durian to China within the next one to two years. This year saw Vietnam surpass Thailand’s durian exports during its off-season for the first time ever. Unfavourable weather in Thailand ...

Source: Fruitnet