Vietnam's fruit and vegetable exports are projected to reach 6.6 billion USD by the end of November, fulfilling the annual target of 6-6.6 billion USD, one month ahead of schedule.
Vietnam can earn 7.5 billion USD from vegetable and fruit exports this year – the highest-ever figure recorded, according to the Vietnam Fruit and Vegetable Association (Vinafruit).
Vietnam can earn 7.5 billion USD from vegetable and fruit exports this year – the highest-ever figure recorded, according to the Vietnam Fruit and Vegetable Association (Vinafruit).
Vietnam’s import-export value is likely to touch the 800 billion USD mark by year-end, far exceeding a record of 732 billion USD seen in 2022, economic expert Dinh Trong Thinh has said.
There is plenty of room for Vietnamese fruit and vegetables to enter more stringent markets such as the US, Australia, and the EU by focusing on high-quality fruit, accurate origin certificates, and food safety standards, according to insiders.
Nineteen Vietnamese enterprises are attending Asia’s premier fresh fruit and vegetable trade show - Asia Fruit Logistica, which is underway in Hong Kong (China) from September 4-6.
Popularity is growing for Vietnamese fruits in large-scale markets such as the US, China, Japan and the EU, meaning great potential in export growth thanks to the expansion of markets.
Given favourable conditions, agricultural experts predict that durian exports will grow in the remaining months of the year, potentially pushing the total value to 3.5 billion USD by the year’s end.
Vietnam raked in more than 3.8 billion USD from fruit and vegetable exports in the first seven months of 2024, up 23.4% year on year, according to the Vietnam Fruit and Vegetable Association (VINAFRUIT).
Durian exports may surpass 3 billion USD this year, according to Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association (Vinafruit).
Thailand, the world’s biggest durian exporter with a total export turnover of 7 billion USD, became Vietnam's second largest importer of this fruit in the first four months of 2024.
Vietnam's fruit and vegetable export turnover reached an estimated 1.25 billion USD in the first quarter of 2024, up 27% over the same period in 2023, the General Department of Customs has reported.
With positive signals right from the beginning of the year, including over 1 billion USD in export value in the first quarter of this year, experts have shown optimism about the growth in overseas shipments of Vietnamese fruits and vegetables in the coming time.
Vietnam’s fruit and vegetable exports are expected to reach a new record of 6.5-7 billion USD this year, up 15-20% from 2023, propelled by robust market signs, according to the Ministry of Agriculture and Rural Development.
Vietnam's fruit and vegetable export turnover reached more than 1 billion USD in June, raising the figure in the first half of this year to 2.75 billion USD, 63% higher than that of the same period last year, the General Department of Vietnam Customs has reported.
Orders for fruits and vegetables have outnumbered those for other agricultural products so far this year, signalling a bright outlook in the time to come.
Vietnamese fruits have been introduced at the Fruit Logistica, the world largest fruit and vegetable exhibition in the world, that is underway in Berlin from February 8-10.
Although Vietnam enjoyed a high trade surplus in the first nine months of this year, numerous difficulties and challenges lie ahead for export activities in the rest of the year, while many large exporters are showing signs of staying still.