Fruit and vegetable exports in Vietnam will flourish, despite the pandemic

Published Mar 23, 2021

Tridge summary

Vietnam's fruit and vegetable exports in February 2021 were estimated at $ 300 million, bringing the total for the first two months of 2021 to $ 610 million, a 14.6% increase year-on-year. Import value was $ 110 million, a 30.7% increase, despite the Lunar New Year and the Covid-19 pandemic. Prices remained low due to abundant supply. The Department of Agricultural Product Processing and Market Development anticipates a prosperous year for exports to countries like Egypt, Kuwait, Ukraine, and Afghanistan. The Covid-19 outbreak has negatively affected export and import, but Vietnam has cleared commodities effectively. The Vietnam - UK Free Trade Agreement promises to boost economic and trade cooperation, with many vegetable and fruit products having a 0% tax rate.

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Original content

Source: Thoibaotaichinhvietnam.vn The Department of Agricultural Product Processing and Market Development has just said that the export of fruits and vegetables in February 2021 is estimated at $ 300 million, bringing the export value of vegetables and fruits in the first 2 months of 2021 to $ 610 million. increase 14.6% over the same period in 2020. Meanwhile, the import value of vegetables and fruits in February 2021 is estimated at 110 million USD, bringing the total value of imported vegetables and fruits in the first 2 months of 2021 to USD 259 million, an increase of 30.7% over the same period in 2020 ... In the country, although the time of February falls on the occasion of the Lunar New Year, the fruit and vegetable market is less volatile than the previous Tet holidays. . Prices of some types of vegetables and fruits increased / decreased slightly compared to the previous month, but in general remained low compared to the same period last year. The main reason is due to ...

Source: AgroInfo.vn