Vietnam’s fruit and vegetable exports have experienced explosive growth, with exports breaking historical records in a single month
Market & Price Trends
Published Dec 2, 2023
Vietnam's fruit and vegetable exports have reached a record high, with September exports totaling $667.5 million and an expected increase in October. China is Vietnam's largest market for fruit and vegetable exports, accounting for 65% of the market share. Durian exports have been a major factor driving the significant increase in exports, with exports to China alone reaching $1.63 billion, more than 13 times higher than the previous year.
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Vietnam's fruit and vegetable exports have experienced explosive growth this year. According to statistics from the General Administration of Customs of Vietnam, fruit and vegetable exports hit a record high in September, reaching US$667.5 million, a month-on-month increase of nearly 44%. However, this record was soon broken, because the export volume of fruits and vegetables in October is expected to It can reach more than 699 million US dollars, an increase of nearly 5% from September. Compared with October 2022, the export volume of fruits and vegetables in October this year increased by 126%. According to information just released by the Vietnam Fruit and Vegetable Association, the cumulative forecast for the 10 months of 2023 is that fruit and vegetable exports will reach US$4.9 billion, an increase of 78.4% over the same period in 2022, which is equivalent to an absolute increase of US$2.16 billion. This result far exceeds what was set at the beginning of the year plan (US$4 ...