Vietnam exported 1,700 tonnes of mango to the Republic of Korea (RoK) for 7.4 million USD over the past 11 months of 2022, up 19% in volume and 25% in value year-on-year, according to the Agency for Foreign Trade under the Ministry of Industry and Trade.
At a mango farm in Hau Giang province. (Photo: VNA)
Hanoi (VNS/VNA) - Vietnamexported 1,700 tonnes of mango to the Republic of Korea (RoK) for 7.4million USD over the past 11 months of 2022, up 19% in volume and 25% invalue year-on-year, according to the Agency for Foreign Trade under theMinistry of Industry and Trade.
These figures helped Vietnam become the third largest mangosupplier for the RoK in the period, the agency said, adding that theaverage export price of Vietnamese mangoes hit over 4,230 USD per tonne, 5%higher than that of the same period in 2021.
The agency also cited statistics from the Korea InternationalTrade Association (KITA) as saying that this country's mango import in the11-month period reached 22,000 tonnes, worth 95.3 million USD,marking yearly rises of 4% in volume and 8% in value.
Thailand and Peru were the two largest mangosuppliers for the RoK in the period, accounting for 81.2% ofthis country's total mango imports.
According to the department, Korea is a market with a high demandfor fresh fruit. Each year, the market imports over 1.6 billion USD worthof fresh fruit and this number has been growing significantly.
However, Vietnam's fresh fruit now makes up a very modest marketshare in the RoK. Therefore, there remains room for Vietnamese firms tofoster their exports of fresh fruits, typically mangoes to this market.
In order to promote exports to this market, trade expertsrecommend that businesses needed to improve their competitiveness andproduct quality. This was the core element to meet the increasingly strictrequirements of the Korean market.
In addition, enterprises were advised to develop appropriateproduction and business plans, actively operate according to the marketmechanism and have solutions to participate in the production chain anddistribution network of Korean enterprises. That would help businessestake advantage of their strengths, their brand, as well as their developmentexperience in the market./.
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At a mango farm in Hau Giang province. (Photo: VNA) 
