Vietnam's fruit and vegetable exports see green shoots, targeting 7 billion USD

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Mar 1, 2024

Tridge summary

Vietnam has seen a 38% increase in fruit and vegetable exports in the first two months of 2022, reaching approximately 749.7 million USD, with projections to hit nearly 7 billion USD by year-end. This surge is primarily attributed to durian exports, anticipated to generate 3.5 billion USD. Despite potential disruptions to Europe and US shipments due to Red Sea tensions, exports to China, particularly durian, dragon fruit, jackfruit, banana, and mango, are predicted to rise. Additionally, medicinal herb, coconut, frozen fruit, and watermelon are among the Vietnamese products expected to enter the Chinese market in the future.

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

ABO/NDO- Vietnam’s fruit and vegetable exports in the first two months of this year surged 38% to about 749.7 million USD, which is expected to peak at nearly 7 billion USD this year. The sector is hoped to remain a bright spot in 2024 as many businesses reported that order books are full until the end of the first quarter, according to Lao Dong (Labour) Newspaper. Durian alone will will bring in 3.5 billion USD after the Vietnamese Ministry of Agriculture and Rural Development and the General Administration of Customs of China signed a protocol on phytosanitary requirements for the Vietnamese fruit exported to the neighboring country last year, said Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit). Although shipments to Europe and the US are forecast to be hindered by the Red Sea tension in the time ahead, exports to China will be boosted, driven by durian, dragon fruit, jackfruit, banana, and mango, he added. Deputy Minister of ...

Source: Baoapbac