China continued to be the largest export market for Vietnamese fruits and vegetables
Vietnam’s fruit and vegetable exports reached $477 million in July, an increase of 18% over the same period last year, reports Vietnamese Investment and Trade Promotion Center.
A strong demand from export markets led to this increase in export turnover, according to experts. Increased exports of durians, dragon fruits, and bananas contributed to the increase in export value.
A high growth rate was recorded by Vietnam’s fruit and vegetable exports to major markets. In particular, China continued to be the largest export market for Vietnamese fruits and vegetables.
In the first half of 2024, the fruit and vegetable exports to this market reached $2.16 billion, up 22% over the same period in 2023, accounting for 64.9% of the total.
Next in line was the Republic of Korea with $164 million, up 54.6% on year. The third was the US with $157 million, up 33.5%.
According to VINAFRUIT, the country’s fruit and vegetable export will continue to be favorable until this year’s end due to an abundant supply in the harvest season.
According to the Ministry of Agriculture and Rural Development, Vietnam’s fruit and vegetable export value will surge to $7 billion this year, $1 billion higher than the plan set by the Ministry.