Vietnam's vegetable and fruit exports to the US increased sharply in the first 6 months of the year

Published 2021년 7월 2일

Tridge summary

Vietnam's fruit and vegetable exports experienced a significant growth of 38% in June 2021, reaching over $356 million, when compared to the same period in the previous year. The total export value for the first six months of the year was over $2.063 billion, marking a 17.4% increase from 2020. On the other hand, the import turnover of these products decreased by 4.3% in June, totaling over $112 million. The trade surplus for the fruit and vegetable industry alone was over $1.3 billion, and the agricultural sector's trade balance showed a favorable surplus of $3.14 billion. The exports of vegetables and fruits, along with other commodities like rubber, tea, cashew nuts, cassava and cassava products, saw an increase in both volume and value. The United States, China, Japan, and South Korea are the primary markets for these exports.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On July 1, information from the Vietnam Fruit and Vegetable Association said that despite the impact of the Covid-19 epidemic, Vietnam's export fruit and vegetable products still maintained a strong growth momentum. In June, Vietnam's fruit and vegetable exports reached over 356 million USD, up 38% over the same period last year. According to statistics in 6 months, the total export value of vegetables and fruits reached over US$2,063 billion, up 17.4% over the same period in 2020. In the opposite direction, the import turnover of vegetables and fruits in June reached over USD 112 million, down 4.3% over the same period in 2020. In the first 6 months of the year, imports of fruits and vegetables from abroad to Vietnam reached 686 million. USD, down 16.6% over the same period in 2020. Accordingly, the trade surplus in the fruit and vegetable industry in the first 6 months of this year reached over 1.3 billion USD. Meanwhile, according to the Ministry of Agriculture and Rural ...

Source: Vietstock