Vietnam: Fruit, and vegetable exports see green shoots

Market & Price Trends
Published Jan 5, 2024

Tridge summary

Vietnam's fruit and vegetable exports hit a record high in 2023, with the Ministry of Agriculture and Rural Development reporting earnings of 5.69 billion USD, a 70% increase from the previous year. The majority of the revenue came from exports to China, accounting for 65%, with durian contributing over 2 billion USD and other fruits like watermelon expected to see increases in exports as well due to new protocols being signed. The Ministry has also worked to expand growing areas and packaging facilities, and remove technical barriers, to facilitate Vietnam's fresh fruits to enter foreign markets in countries like the US, Australia, New Zealand, the RoK, 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

Vietnam’s fruit and vegetable exports surged to a record high in 2023, yet insiders said it is just a start as ample room remains for the sector. The Ministry of Agriculture and Rural Development (MARD) reported that the country earned 5.69 billion USD from fruit and vegetable exports in the year, up over 70% year-on-year. China, the US, the Republic of Korea (RoK), Japan, Thailand, the Netherlands, and Australia were Vietnam’s biggest fruit and vegetable importers, especially neighbouring China that accounted for 65% of the revenue. Surpassing dragon fruit, durian made up the lion’s share with more than 2 billion USD, which is attributable to the protocol on phytosanitary requirements for Vietnamese durian exported to China. Surpassing dragon fruit, durian makes up the lion’s share with more than 2 billion USD. Besides, other fruits like watermelon are expected to see breakthroughs in exports as another protocol regarding quarantine requirements for watermelon exported from ...
Source: WTOCenter
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