Vietnam’s fruit and vegetable exports increased by 70% year-on-year and are expected to reach US$7 billion this year

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Jan 23, 2024

Tridge summary

Vietnam's Ministry of Agriculture and Rural Development predicts a 15-20% increase in fruit and vegetable exports by 2024, reaching a record $6.5-7 billion. The main markets are China, the US, South Korea, Japan, Thailand, the Netherlands, Australia, and New Zealand, with China accounting for 65% of exports. Durian has surpassed dragon fruit as the highest value export, and the country has successfully exported various fruits and vegetables to the EU. To support this growth, the Bureau is working with agricultural departments to expand export planting areas and packaging units, increase supervision, and encourage enterprises to improve management and production processes.

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

According to reports from the People's Daily of Vietnam, the Ministry of Agriculture and Rural Development of Vietnam predicts that Vietnam's fruit and vegetable exports will set a new record in 2024, increasing by 15-20% compared with 2023, reaching a scale of 6.5 billion-7 billion U.S. dollars. The Vietnamese agricultural department has set a new record in 2024 Fruit and vegetable exports reached US$4.5 billion, reaching the target of US$5 billion by 2025. In 2023, Vietnam's fruit and vegetable exports have reached US$5.69 billion, completing the set target two years ahead of schedule. Dang Phu Yuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that the quality of fruits and vegetables is increasingly improving. Improved to meet market standards, the variety of fruit and vegetable products is rich and diverse, favored by the international market. In 2023, Vietnam's fruit and vegetable exports were US$5.69 billion, a year-on-year increase of 70%. Durian ...

Source: Guojiguoshu