In the first eight months of this year, Vietnam earned 3.45 billion USD from exporting vegetables and fruits, up 57.5% year-on-year and exceeding last year’s export turnover of 3.16 billion USD.
Vietnam earned more than 3.4 billion USD from exporting fruit and vegetables in the first eight months of 2023, a nearly 60% increase year-on-year. With such high growth, exports may hit the 5 billion USD mark for the year as a whole.
Vietnam's fruit and vegetable export turnover reached more than 1 billion USD in June, raising the figure in the first half of this year to 2.75 billion USD, 63% higher than that of the same period last year, the General Department of Vietnam Customs has reported.
The export of Vietnamese fruits and vegetables is expected to continue to soar, considering a growth of 39% since early this year and strong increases in China's purchases.
Despite declines in the export of some agricultural products, overseas shipments of fruits and vegetables remain positive, promising a bright prospect in the second quarter of 2023.
Vietnamese fruit and vegetable brands face the threat of being pilfered, along with requirements regarding the protection of plant varieties in export markets.
Several fruits grown in Vietnam have successfully entered high-value, challenging markets. The country constantly seeks ways to beef up its economic power via fruit exports, claimed Malaysian newswire thestar.com.my.
The Malaysian National News Agency (Bernama) said in a recent article that a number of fruits grown in Vietnam have successfully entered high value and challenging markets.
Given numerous difficulties predicted for fruit and vegetable sale both at home and abroad in 2022, Vietnamese businesses have been recommended to improve processing and expand their market right from the year’s beginning, the Nhan dan (People) daily reported.
Vietnam was up the sixth largest supplier of bananas to the Republic of Korea (RoK) during the first five months of the year, according to the Korea International Trade Association (KITA)
Free trade agreements are opening the doors for Vietnamese fruit and vegetable firms to increase export revenue this year, according to the Vietnam Fruit & Vegetables Association (VinaFruit).
Fruit and vegetable exporters should improve their processing technologies, especially in the post-harvest and packaging stages, to preserve their products longer and enhance their value, experts said.
Vietnamese businesses are believed to possess opportunities, especially in niche markets, when exporting fruit and vegetables to Northern Europe, according to the Cong Thuong (Industry & Trade) newspaper.
Vietnam earned 3.26 billion USD from exporting fruit and vegetables in 2020, a year-on-year decline of 13 percent, the Ministry of Agriculture and Rural Development (MARD) has reported.
The fruit farming area in the Mekong Delta, the largest agricultural hub in Vietnam, is set to be expanded by 150,000ha between now and 2030 to help with local agriculture’s sustainable development and adaptation to climate change.
Vietnam earned nearly 2 billion USD from fruit and vegetable exports in the first seven months of this year, down 12.3 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
Vietnam’s fruit and vegetable exports to Thailand were 50.51 million USD in the first quarter of 2020, shooting up 308.77 percent from the same period last year, according to the General Department of Vietnam Customs.
Fruit and vegetable exports in the first eight months of this year fell by 5.8 percent year on year to about 2.53 billion USD, according to the Agro Processing and Market Development Department (Agrotrade) under the Ministry of Agriculture and Rural Development.
Business
