Vietnam's fruit and vegetable exports reached nearly 1.3 billion USD in the first quarter of the year

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Mar 22, 2024

Tridge summary

Vietnam's fruit and vegetable exports have seen a significant increase, reaching $433 million in March, a 33% rise from the previous month. The total turnover since the start of the year is nearly $1.3 billion, with durian, dragon fruit, and longan being major contributors. China is the main import market, showing a 50% increase in output compared to the same period in 2023, with notable increases also from Thailand and Germany. The Vietnam Fruit and Vegetable Association predicts further growth in Q2 due to the seasonality of many tropical fruits and expects exports to reach $6-6.5 billion this year, driven by high import demand from China, Thailand, Germany, and Japan.

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

Information published by the Vietnam Fruit and Vegetable Association is based on data from customs. Accordingly, in March, fruit and vegetable exports reached about 433 million USD, an increase of 33% compared to the previous month. Cumulatively since the beginning of the year, this product has reached a turnover of nearly 1.3 billion USD. Durian, dragon fruit, and longan continue to be major contributors to agricultural and fruit exports. China is still the import market for many Vietnamese fruits and vegetables, with output increasing by half over the same period in 2023. Meanwhile, Thailand and Germany recorded a sudden increase in imports, over 120% over the same period last year. . According to the Vietnam Fruit and Vegetable Association, Thai consumers have recently switched from preferring strongly sweet fruits to less sweet, healthier ones, so Vietnamese fruits have an advantage. Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said ...

Source: VNExpress