Vietnam's fruit, vegetable exports up nearly 18% in H1
According to the Ministry of Agriculture and Environment (MAE), fruit and vegetable exports were estimated at 2.18 billion USD in the second quarter.
According to the Ministry of Agriculture and Environment (MAE), fruit and vegetable exports were estimated at 2.18 billion USD in the second quarter.
If market discipline is maintained, key produce such as durian, banana, pomelo and coconut are developed under closed value chains, and existing export protocols are effectively utilised, fruit and vegetable export turnover is expected to soon reach 10 billion USD in 2026.
According to the Vietnam Fruit and Vegetable Association, with the current momentum and abundant durian output from now until November, the Ministry of Agriculture and Environment’s export target of 7.6 billion USD this year is within reach, and could even approach 8 billion USD.
Passion fruit, banana, pineapple, and coconut are expected to become the country’s next strategic export items as they not only have substantial production capacity but also align with global consumption trends and increasingly strict import requirements.
Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.
Vietnam can earn 7.5 billion USD from vegetable and fruit exports this year – the highest-ever figure recorded, according to the Vietnam Fruit and Vegetable Association (Vinafruit).
Vietnam's fruit export revenue hit 4.63 billion USD in the first eight months of 2024, representing an increase of 30.6% compared to the same period last year, thanks to the opening of several key markets.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.
Fruit and vegetable exports are forecast to continue going smooth in the time ahead thanks to abundant domestic supply and foreign markets’ growing demand.
Thailand, the world’s biggest durian exporter with a total export turnover of 7 billion USD, became Vietnam's second largest importer of this fruit in the first four months of 2024.