Vietnam: Millions of tons of oranges and grapefruits landed, with some oranges priced per kilogram just as much as a cup of iced tea

Published 2023년 12월 15일

Tridge summary

Vietnamese grapefruit and oranges are the main fruit crops and can be harvested year-round due to different growing areas. However, the export turnover of oranges and grapefruits is still low, and the domestic market also struggles with importing large amounts of these fruits from other countries. Prices for oranges and grapefruits are currently low, resulting in significant losses for farmers. Despite some success in linking production with large supermarket systems, the prices of oranges and grapefruits continue to fluctuate.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price is unstable, 1kg of oranges is equal to a cup of iced tea Oranges and grapefruits are the main fruit crops of our country. This year, the output of these two types of citrus fruits is estimated to reach nearly 2.9 million tons. Of which, grapefruit is about 1.03 million tons, orange is estimated at 1.84 million tons. Notably, because there are many growing areas spread from North to South, oranges and grapefruits are harvested almost all year round. Currently, Vietnamese grapefruit is exported to a number of markets such as the US, UK and New Zealand. Mr. Nguyen Dinh Tung - General Director of Vina T&T Group, said that in the US market, Vietnamese grapefruit costs 9 USD (about 220,000 VND/kg). According to him, the amount of grapefruit exported to this market is gradually increasing. Similarly, oranges also began to be exported to some markets. However, the export turnover of oranges and grapefruits is still quite modest compared to other key fruits of our country. ...

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