Vietnam: Fruit and vegetable exports increased dramatically in the first month of the year

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Jan 23, 2024

Tridge summary

Vietnamese fruit and vegetable exports have seen a significant rise in the first month of the year, according to preliminary data from the Fruit and Vegetable Association. This surge is largely due to increased purchases from China, where cold spells have limited domestic banana supply and the dragon fruit season has ended. The US and EU are also expected to increase their imports of Vietnamese fruits, as the quality of these products continues to meet the standards required for these markets.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Preliminary data released by the Fruit and Vegetable Association is based on calculations from customs. Accordingly, this is also the first month of the year with the highest growth compared to previous years. Fruit and vegetable exports in the first month of the year increased sharply because China bought a lot of durian, banana, and dragon fruit products. Currently, continuous cold spells limit China's domestic banana supply. When the temperature drops, the bananas on the tree turn black and cannot be sold. The Chinese market is in short supply, making Vietnamese banana export activities more favorable. In addition, in the middle of the year, Chinese dragon fruit is abundant, and now the season is over. Traditionally, Chinese people love to use dragon fruit as worship items during Tet, so demand has increased. Vietnam's dragon fruit consumption season in the Chinese market usually lasts from the beginning of the year to the end of May every year. Mr. Nguyen expects that this ...

Source: VNExpress