Vietnam's vegetable export to surpass 1 billion USD by 2030

Vegetables

Vietnam

Market & Price Trends

Published Nov 25, 2023

Tridge summary

Vietnam aims to generate between $1-1.5 billion in revenue from vegetable exports by 2030. The project approved by the Ministry of Agriculture and Rural Development focuses on developing safe and concentrated vegetable growing areas with clear origin in order to meet both domestic and export demands. The strategy also involves diversifying distribution channels for safe vegetables domestically and actively expanding into new export markets while eliminating trade barriers.

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Original content

Vietnam’s vegetable export revenue is forecast to reach about 1-1.5 billion USD by 2030 under a project recently approved by the Ministry of Agriculture and Rural Development. The nationwide vegetable production is estimated at 23-24 million tonnes, with around 1-1.3 million tonnes designated for processing. Under the project, safe and concentrated vegetable growing areas with clear origin will be developed in order to meet domestic and export demand, contributing to national food security, food safety and hygiene, and improving community health. By 2030, the national vegetable cultivation is projected to cover an area of some 1.2-1.3 million hectares. The area dedicated to safe and concentrated vegetable production will be around 360,000-400,000 ha, roughly 50,000-60,000 of which will be for processed vegetables, including various types of tomato, cucumber, chilli, potatoe, and leafy greens. Provinces and centrally-run cities must draw investments in agriculture and rural areas ...

Source: WTOCenter