Vietnam: Fruit and vegetable exports set to soar to USD 4 billion in 2023
Fruits
Vegetables
Vietnam
Published Apr 17, 2023
Tridge summary
After several years of reaching this objective mark, Vietnam's fruit and vegetable exports could surpass the US$ 4 billion key milestone for the first time in 2023.
Original content
Vegetables & fruits were one of the few agricultural goods in Vietnam that increased in export turnover in the first quarter of 2023. Fruit and vegetable exports reached USD 982 million in the first quarter of this year, increasing 16.2% from the same time in 2022. According to Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetables Association, China reopening the border will be essential in assisting Vietnam's fruit and vegetable exports to rise in the first quarter. Vietnam's fruit and vegetable shipments to China fell precipitously in 2022 as a result of the country's Zero Covid policy. This was the first time in history that Vietnam's fruit and vegetable exports saw a significant reduction in terms of export turnover, with the Chinese market accounting for less than half of overall export value. The tight borders of the billion-person market were also the primary reason for an overall reduction in Vietnam's fruit and vegetable exports compared to 2021. Now ...
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