Vietnam: Fruit and vegetable exports soar

Published 2023년 3월 4일

Tridge summary

In the past two months, China has been the leader in the Vietnamese fruit and vegetable export market, accounting for 57.5% of the market share with a significant purchase of durian, jackfruit, watermelon, and sweet potato. Additionally, Vietnam has experienced a threefold increase in agricultural exports to Laos, as well as increased orders from the US and EU markets. The Vietnam Fruit and Vegetable Association reported successful contract signings at a major fruit fair in Germany, anticipating continued growth in exports this year. Despite a decrease in imports from China and the US, Australia's supply has seen a 46.2% increase, contributing to Vietnam's fruit and vegetable import turnover of US$289 million, which is 12% higher than the same period in 2022. Prices for durian and other fruits have also surged, with durian reaching a record high of 190,000 VND per kg.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The above information is mentioned in the report of the Department of Agricultural Product Processing and Market Development. China has led Vietnam's fruit and vegetable export market in the past two months, with a market share of 57.5%. From the beginning of February, after opening, China massively bought Vietnamese agricultural products. In which, durian, jackfruit, watermelon, sweet potato are the items that are strongly exported to this country. Besides China, the export of vegetables and fruits to Laos also increased dramatically, 3 times higher than the same period in 2022. Next, the US and EU markets also ordered many kinds of Vietnamese vegetables and fruits. Speaking to VnExpress, a business in Tien Giang said that its export of durian and pomelo to the US and China increased steadily in the first two months of the year. Currently, sea freight rates have decreased to pre-Covid-19 levels, so exporting businesses have more advantages. According to the Vietnam Fruit and ...
Source: VNExpress

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.