Vietnam's ginger exports to Australia grew by 1,350% over the same period, reaching more than 348,000 USD

Published Jul 15, 2021

Tridge summary

Vietnam has seen a significant increase in ginger exports to Australia, growing by 1,350% in the first four months of 2021, reaching over 348,000 USD. The Vietnam Trade Office in Australia is working to diversify agricultural products and build a brand for Vietnamese ginger in the Australian market. Currently, fresh ginger from Vietnam is sold in supermarkets, shops, and online in Australia, with a price range of 9-13 AUD/kg. The potential import turnover of ginger in Australia is predicted to exceed 100 billion dong. Meanwhile, in Vietnam, ginger cultivation, particularly in Ha Quang district and Huong Hoa district, has shown promising results with high yields and profitability, providing a source of income for ethnic minorities and contributing to poverty escape.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Trade Office in Australia, in the first 4 months of 2021 alone, Vietnam's ginger exports to Australia grew by 1,350% over the same period, reaching more than 348,000 USD. In order to diversify agricultural products and find export development opportunities, the Vietnam Trade Office in Australia has researched and implemented a program to build a brand and promote the consumption of spices in this market. Through a market survey from January 2021, the Vietnam Trade Office in Australia found that fresh ginger in Australia sometimes costs more than 50AUD/kg (about 850,000 VND). In particular, the Australian market is promoting the import of ginger, predicting that the import turnover of this item in Australia can reach more than 100 billion dong. Previously, Vietnamese frozen ginger was exported to Australia in insignificant quantities, unknown to consumers. The Australian market has not yet opened the market for fresh Vietnamese ginger. However, the Trade ...
Source: Danviet

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