Vietnam’s coconut industry has recently emerged as a key economic driver for the Mekong Delta and south-central coastal regions thanks to the signing of agreements for the product to enter billion-dollar markets such as the US, Europe, and China.
According to the Ministry of Agriculture and Rural Development, Vietnam currently boasts over 200,000 hectares of coconut cultivation. Coconut is now one of the six key crops included in the national programme for industrial crop development by 2030.
From generating 180 million USD in export revenue in 2010, coconut exports reached 900 million USD in 2023, and the sector is expected to surpass the billion-dollar mark in 2024. With this trajectory, the ministry aims to enhance the scale and quality of the coconut industry for further global expansion.
On the global map of coconut production and exports, Vietnam ranks sixth among the top ten coconut-producing countries, with an annual output of nearly 2 million tonnes./.
