There is still huge space for Vietnam’s fruit and vegetable exports

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Mar 14, 2024

Tridge summary

Vietnamese fruit and vegetable exports have seen a significant growth, reaching a record high of $5.6 billion in 2023, a 66.7% increase from the previous year. These products are being exported to over 60 countries, including high-end markets such as the US, EU, Japan, South Korea, Australia, and New Zealand. Despite this, Vietnam only accounts for 2-3% of the world's total fruit and vegetable exports. The Ministry of Industry and Trade of Vietnam predicts that exports could reach $6.5-7 billion in 2024, indicating a strong potential for further growth.

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

In the Asian market, especially Southeast Asia and the Middle East, there is still a lot of room for Vietnamese fruit and vegetable exports. In order to increase exports, Vietnamese companies need to take the initiative to understand the market's needs and standards and ensure the supply of high-quality goods. This is what industry experts said on March 13 by Vietnam Information provided by the Department of Asian and African Markets of the Ministry of Industry and Trade at the Fruit and Vegetable Export Forum held in Ho Chi Minh City. Ms. Le Thi Mui Anh, representative of the Asian and African Market Department of the Ministry of Industry and Trade of Vietnam, said that Vietnamese fruits are rich in variety, of high quality, and can meet the different requirements of consumers around the world. Vietnamese fruits have been exported to more than 60 countries, including the United States and the European Union. , Japan, South Korea, Australia, New Zealand and other high-end markets. ...

Source: Foodmate