Vietnam’s fruit and vegetable exports set new record

Fruits

Vegetables

Vietnam

Market & Price Trends

Published Oct 7, 2023

Tridge summary

In September 2023, Vietnam's export volume of fruits and vegetables reached approximately US$650 million, marking a month-on-month increase of 39.9% and a year-on-year increase of 160%. The export volume for the first nine months of 2023 reached US$4.2 billion, a 160% increase compared to the same period in 2022. It is expected that the export volume of fruits and vegetables will exceed US$5 billion in 2023, setting a new record in the industry. Additionally, Vietnam's rice exports have experienced a year-on-year increase of 40.4%, with a record export value of US$3.66 billion in the first nine months of this year. The high export prices for rice have led to a significant increase in the income of the entire industry chain, and there is still potential for growth in rice exports in the coming months.

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 data from the Import and Export Bureau of the Ministry of Industry and Trade, the export volume of fruits and vegetables in September 2023 reached approximately US$650 million, a month-on-month increase of 39.9% and a year-on-year increase of 160%. In the first nine months of 2023, the fruit and vegetable export volume reached US$4.2 billion, a year-on-year increase of 160%. The same period in 2022 will increase by 71.8%. Based on this growth rate, it is expected that the export volume of fruits and vegetables will exceed the US$5 billion mark in 2023, setting a new record in the vegetable and fruit industry. In the first eight months of 2023, fruits are the main export category in the fruit and vegetable product structure, and have recorded a high growth rate. Among the export fruit variety structures, dragon fruit and bananas have declined, while other fruit varieties have shown a substantial growth trend. It is worth noting that durian exports continue ...

Source: Foodmate