Vietnam's fruit and vegetable exports have many opportunities to reach new records

Market & Price Trends
Published Feb 28, 2024

Tridge summary

Despite global challenges, Vietnam's agricultural sector, particularly fruit and vegetable exports, has seen significant growth, with an 89.2% increase in turnover in January 2024. Key exports include durian, coconut, banana, mango, and dragon fruit, with many orders already filled for the first quarter of 2024. The durian export value continues to rise, especially to China, which could provide a $20 billion market capacity by 2025. The overall fruit and vegetable industry in Vietnam is expected to grow by 15-20% in 2024, potentially reaching $6.5-7 billion.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Many orders at the beginning of the year Overcoming difficulties and challenges from the Covid-19 pandemic, geopolitical conflicts, inflation, global economic recession, technical barriers... but Vietnam's agricultural products say in general and vegetables and fruits in particular are present in many countries around the world. Vegetables and fruits are an industry that has made great progress, especially when China opened up durian products. According to statistics from the Ministry of Agriculture and Rural Development, fruit and vegetable export turnover in January 2024 reached over 458.7 million USD, an increase of 89.2% over the same period last year. By February 2024, according to statistics from the Vietnam Fruit and Vegetable Association (Vinafruit), fruit and vegetable export turnover in February is estimated to reach nearly 288 million USD, down about 41% compared to January. Accumulated in the first two months of the year In 2024, fruit and vegetable export turnover ...
Source: Agriculture
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