Vietnam: Durian price is more than 100,000 VND/kg, expected to contribute 3 billion USD in export sales

Published Aug 5, 2024

Tridge summary

The Vietnam Fruit and Vegetable Association is strategically focusing on Northeast Asian markets, including China, Korea, and Japan, to achieve a fruit and vegetable export target of 7 billion USD by 2024. These markets are the primary importers of Vietnamese fruits and vegetables, with China being the largest spender. The association anticipates durian, dragon fruit, bananas, mangoes, jackfruit, coconut, lychee, longan, and watermelon to be the top export earners. Additionally, the price of durian has reached over 100,000 VND/kg, with expectations to rise further, promising a positive outlook for the export sales of these fruits.

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

Original content

The Vietnam Fruit and Vegetable Association said that from now until the end of the year, the fruit and vegetable industry will focus on the Northeast Asian market. From there, along with potential markets, such as China, Korea, Japan... will help Vietnam's fruit and vegetable exports reach the target of 7 billion USD in 2024. The Chinese, Korean, and Japanese markets are dominating the import of fruits and vegetables from Vietnam. Specifically, China spent 2.161 billion USD to import fruits and vegetables; South Korea: 164 million USD; Japan: 98 million USD. In particular, South Korea rose from the 3rd position among countries importing a lot of Vietnamese fruits and vegetables to 2nd place, pushing the United States down to 3rd place. According to Mr. Dang Phuc Nguyen - General Secretary of the Vietnam Fruit and Vegetable Association, durian will continue to bring great export value in 2024, followed by other valuable fruits such as dragon fruit, bananas, mangoes, jackfruit, ...

Source: Vov