Vietnam’s fruit and vegetable exports are likely to set a new record in 2024

Published 2024년 12월 6일

Tridge summary

Vietnam is set to achieve its annual target of 6-6.6 billion USD in fruit and vegetable exports by November end, a month earlier than anticipated. There has been notable growth in exports to several countries, including Thailand, South Korea, Germany, Canada, China, and the US, with China being the largest importer. To remain competitive, Vietnamese farmers and exporters must meet China's strict requirements. The US presents a potential market due to the lack of domestic production of many tropical fruits, despite not being a top importer. The Vietnamese government is optimistic about introducing passion fruit to the US market.

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

Original content

Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule. According to the Vietnam Fruit and Vegetable Association (Vinafruit), exports in the first 11 months recorded substantial growth across various markets, with double-digit increases. The most significant growth was seen in exports to Thailand, the Republic of Korea, Germany, Canada, China, and the US. Vinafruit General Secretary Dang Phuc Nguyen stated that based on the obtained results, Vietnam’s fruit and vegetable exports could reach a record of 7 billion USD or even 7.2 billion USD by the year-end, the highest figure so far. China remains Vietnam's largest fruit importer, accounting for an estimated 4.6 billion USD or nearly 70% of Vietnam's total fruit export value. Nguyen emphasised China’s vast potential, with its 1.4 billion population and status as the world’s second-largest economy. Vietnam ...

Source: WTOCenter