Fruit, vegetable exports expected to hit record in 2024

Vietnam’s fruit and vegetable export turnover is likely to hit a record high of 7 billion USD in 2024, driven by the current momentum and steady double-digit growth in recent times.

Vietnam earned 3.8 billion USD from exporting fruit and vegetables in the first seven months of 2024, up 24% compared to the same period last year. Notably, this sector has seen double-digit growth in the top 10 export markets (excluding the Netherlands).

According to the Vietnam Fruit and Vegetables Association, the export value of Vietnamese fruit and vegetables to the Republic of Korea (RoK) and Japan is on the rise. In addition to building a brand and position in the traditional Chinese market, the fruit and vegetable sector is increasingly expanding in the Northeast Asian region.

China was the biggest importer of Vietnamese fruit and vegetables in Northeast Asia, accounting for 64% of the total export turnover, up 22% compared to the same period last year. It was followed by the RoK, up 55% year-on-year.

Within the Regional Comprehensive Economic Partnership (RCEP) Agreement, Vietnam is allowed to export the largest number of fruit products to China, with 12 official products. China has also approved the temporary and pilot import of Vietnamese passion fruits and coconuts, respectively./.