Fruit and vegetable exports in Vietnam earn nearly a billion USD in one month

Published 2024년 10월 15일

Tridge summary

Vietnam's fruit and vegetable exports have seen a significant increase of 34% in the first nine months of the year, reaching nearly 5.7 billion USD, with September setting a new record with over 917 million USD in exports. Durian is the primary product contributing to this growth, with China being the largest market and Thailand moving ahead of the US as the second largest. The industry is projected to reach 7 billion USD this year due to China's favorable import conditions and demand. The industry's future growth is expected to continue, with a target of 10 billion USD by 2030. The recent signing of a protocol to export frozen durian and fresh coconut to China is expected to further boost the industry.

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

Original content

According to Customs data, the export turnover of fruits and vegetables in the first 9 months of the year reached nearly 5.7 billion USD, up 34% over the same period last year. In September alone, fruit and vegetable exports exceeded 917 million USD, up 38% and setting a new record. Durian is the dominant product, contributing 65% of the export value, followed by bananas, dragon fruit, watermelon, etc. China is still the largest market, accounting for 67% of the turnover with 3.8 billion USD after 9 months, up 38% over last year. In September alone, this country spent more than 700 million USD to import Vietnamese fruits and vegetables. In addition, Thailand surpassed the US to become the second largest market with a turnover of 202 million USD in the first 9 months of the year, up 87%. Countries such as the US, South Korea, and Japan also recorded strong growth with double-digit increases. Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, ...

Source: VNExpress