Vietnam's fruit and vegetable exports reached nearly 2 billion USD since the beginning of the year

Published Apr 30, 2024

Tridge summary

Vietnam's fruit and vegetable exports have experienced a significant surge in the first quarter of the year, with a 32% increase in value compared to the same period last year, reaching 1.8 billion USD. This growth is primarily driven by the Chinese market, contributing 42% to the total export value. The country is also looking to expand its export markets to the United States, Thailand, and Korea. However, the industry faces challenges in quality and the need to move towards value-added products through deep processing. The Vietnam Fruit and Vegetable Association emphasizes the importance of maintaining quality to sustain in the global market. Meanwhile, the export of durian fruit is anticipated to grow due to expanded planting areas and improved packaging facilities.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to estimates by the Ministry of Agriculture and Rural Development, by the end of April, Vietnam's fruit and vegetable exports are estimated to reach 520 million USD, bringing the total value of fruit and vegetable export in the first 4 months of our country to 1.8 billion USD. This year's export value increased by more than 32% over the same period last year. Fruit and vegetable exports maintain high growth rates and have many positive changes in the market, while improving processing capacity. The fruit and vegetable industry is expected to set a new export record this year. For the first time, Vietnam's fruit and vegetable exports reached and exceeded 1 billion USD in the first months of the year. This is an important momentum step that will help this industry reach a new record in export. According to the Vietnam Fruit and Vegetable Association (VINAFRUIT), the outlook for fruit and vegetable exports in 2024 continues to have positive developments, especially from the ...
Source: Agriculture
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