Vietnam’s fruit and vegetable exports are expected to reach US$7 billion in 2024
Fruits
Vegetables
Vietnam
Regulation & Compliances
Market & Price Trends
Published Mar 1, 2024
Tridge summary
Vietnamese fruit and vegetable exporters are expected to see a growth of 15-20% in 2024, potentially reaching US$6.5-7 billion, with orders already in place until the end of Q1 2024. This growth is largely due to an agreement with China, with durian exports alone projected to reach US$3.5 billion. Other key exports include coconuts, dragon fruit, grapefruit, bananas, passion fruit, and mango. Vietnam also plans to export medicinal materials, coconuts, frozen fruits, and watermelons to China. Despite potential challenges, Vietnamese exports are still advantageous, particularly in markets such as the United States, Japan, the European Union, and China.
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
It is understood that many Vietnamese fruit and vegetable export companies have export orders until the end of the first quarter of 2024. Dang Phuc Yuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that Vietnam’s fruit and vegetable exports will continue to grow by 15-20% in 2024. If the opportunities brought by the protocol can be fully utilized, fruit and vegetable exports are expected to reach US$6.5-7 billion. Mr. Deng Fuyuan said that with the agreement signed between Vietnam and China, Vietnam’s durian exports will reach US$3.5 billion this year. With fresh coconuts, dragon fruit, grapefruit, bananas, passion fruit, mango and other flagship products, Vietnam’s fruit and vegetable exports in 2024 will be will reach at least $6.5 billion, a record high. Phung Duc Tien, Deputy Minister of the Ministry of Agriculture and Rural Development of Vietnam, emphasized that in the future, Vietnam will export four kinds of products: medicinal ...
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