Vietnam: Fruit and vegetable exports are about to surpass the 5 billion USD mark

Published Oct 29, 2023

Tridge summary

Durian is the leading industry contributing to Vietnam's export turnover, with an estimated export value of $1.6 billion in just 9 months. Other fruits such as jackfruit, mango, longan, grapefruit, and watermelon also contribute to the export growth. The Deputy Minister of Agriculture and Rural Development, Phung Duc Tien, emphasizes the need to encourage investors to participate in deep processing of fruits and vegetables to increase their value and reduce post-harvest losses. The ministry will focus on trade promotion and solving practical issues to ensure the growth target for this year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Specifically, durian is the industry that contributes the most to export turnover. After 9 months, the export turnover of this billion-dollar fruit is estimated at 1.6 billion USD, more than 14 times higher than the same period last year. Next are jackfruit, mango, longan, grapefruit, and watermelon. In addition to growth in main markets such as China, Korea, Japan... the amount of Vietnamese fruit exported to the European market is estimated to also increase sharply over the same period last year such as: passion fruit, dragon fruit, coconut, pineapple and soursop. According to Deputy Minister of Agriculture and Rural Development Phung Duc Tien, to increase the value of the fruit and vegetable industry, it is necessary to create favorable conditions for investors to participate in deep processing, because enhancing deep processing not only reduces losses. post-harvest losses, but also increases product value many times compared to current fresh fruit and vegetable exports. Along ...
Source: Vov

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.