Fruit, vegetable exports fetch 2.5 billion USD in nine months
Vietnam earned 2.5 billion USD from exporting fruit and vegetable in the first nine months of 2020, representing a year-on-year drop of 11 percent, according to the Import-Export Department under the Ministry of Industry and Trade.
Vietnamese dragon fruits sold in Japan (Photo: VNA)
Hanoi (VNA) – Vietnam earned 2.5 billion USD fromexporting fruit and vegetable in the first nine months of 2020, representing ayear-on-year drop of 11 percent, according to the Import-Export Departmentunder the Ministry of Industry and Trade.
The department reported that in August, the export revenueof the sector was contributed by exports of various kinds of fruits, includingdragon fruit, mango, banana, coconut, jackfruit, durian, passion fruit, andlongan.
Despite a fall in processed passion fruit, there is greatpotential for the export of fresh fruit thanks to Vietnam’s advantages.
The enforcement of the EU-Vietnam Free Trade Agreement(EVFTA) is anticipated to enhance the competitive edge of local firms incomparison to regional rivals such as Thailand, the Philippines, and Malaysia, orSouth American countries with similar weather conditions such as Peru andEcuador.
During the reviewed period, Thailand also imported 129,000tonnes of fresh coconuts worth 50.4 million USD from Vietnam, marking anannual rise of 377.7 percent in volume and 781.3 percent in value.
Vietnam isAsia’s fifth largest producer of fruits and vegetables with its products available in morethan 60 countries worldwide.
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Vietnam exported 836 million USD worth of fruits and vegetables in the first quarter of 2020, a year-on-year decline of 10.9 percent, according to the Ministry of Agriculture and Rural Development.
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.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
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Vietnamese dragon fruits sold in Japan (Photo: VNA) 
