Business

Veggie, fruit exports decrease slightly, reaching 2.3 billion USD

The export value of Vietnamese vegetables and fruits is estimated at 269 million USD in July, bringing the total turnover in the first seven months of 2019 to 2.31 billion USD, down 0.8 percent year on year.
Veggie, fruit exports decrease slightly, reaching 2.3 billion USD
Veggie, fruit exports decrease slightly, reaching 2.3 billion USD ảnh 1Dragon fruits for export (Photo: VNA)

Hanoi (VNA) – The export value of Vietnamese vegetables and fruits isestimated at 269 million USD in July, bringing the total turnover in the firstseven months of 2019 to 2.31 billion USD, down 0.8 percent year on year.

China was the biggestimporter of Vietnamese vegetables and fruits with nearly 1.5 billion USD,accounting for 71.9 percent of the market share and up 1.05 percentyear-on-year in value. It was followed by the US (70.2 million USD) and theRepublic of Korea (65.3 million USD).

Markets reportingimpressive growth in terms of import values of Vietnam’s vegetables and fruitsincluded Cameroon (up 10.16 times), Dominican Republic (up 8.37 times) and Guam(5.11 times).

During January-July,the import turnover of vegetables and fruits is estimated at 1.14 billion USD,a year-on-year increase of 22 percent.

The Agro Processingand Market Development Department said that the sector will have more chancesto expand its export markets thanks to the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) and the recently-signedEU-Vietnam Free Trade Agreement (EVFTA).

The department advisedbusinesses to study opportunities and challenges of the European market andmarkets of 10 CPTPP member states, and seek measures to increase the qualityand design of products and promote the advantage of competitiveness.-VNA
VNA
#Vietnamese vegetables and fruits #veggie fruit exports #Republic of Korea #China #Agro Processing and Market Development Department #CPTPP #EVFTA #European market #Vietnam #Vietnam News Agency #vietnamplus
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