Export of processed fruits and vegetables has grown positively in China, Taiwan and Russia

Published 2020년 6월 15일

Tridge summary

The article provides an overview of Vietnam's agricultural export performance in the first five months of 2020, highlighting a mixed scenario for fresh produce and a notable growth in processed fruits and vegetables exports. Despite a slight year-over-year decrease in the overall fruit and vegetable exports volume, amounting to $1.58 billion, marking a 10.3% drop from the previous year, the sector experienced an uptick in May, with a 2.3% increase compared to April 2020.

Dragon fruit exports, a significant segment of the market, saw a decline of 8.5% in the first four months of 2020, primarily due to a decrease in exports to China, the largest market. On the other hand, exports of processed fruits and vegetables surged by 36.3% from the same period in 2019, with China, Taiwan, and Russia showing a strong interest in these products. This growth underscores the potential of processed agricultural products, especially fruits and vegetables, in both traditional and emerging markets like the Middle East and Africa. The Vietnam Department of Import and Export emphasizes the importance of exploring new markets to mitigate the impact of the COVID-19 pandemic on export dynamics.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Although the COVID-19 epidemic caused many fresh vegetables and fruits to reduce export turnover, but with processed fruits and vegetables, this item grew strongly in markets such as China, Taiwan, Russia ... among the the first month of the year. The latest agriculture, forestry and fishery report issued on June 12 of the Import-Export Department (Ministry of Industry and Trade) said that according to estimates, vegetable and fruit export in May2020 was 350 million USD, up by 2. 3% compared to April 2020, but down 1.4% compared to May 2019. In the first 5 months of 2020, exports of fruits and vegetables are estimated at US $ 1.58 billion, down 10.3% over the same period in 2019. In the first 4 months of 2020, exports of fresh fruits reach US $ 865 million, down 22.5% compared to 4 months of 2019. In particular, dragon fruit export reached 416.27 million USD, down 8.5%. Dragon fruit exports mainly to the Chinese market reached 384.95 million USD, down 7.4% over the same period in ...
Source: Vietnambiz

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