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Price of imported fruit drops in Vietnam

The prices of imported fruits such as kiwis, apples, pomegranates, and pears in Vietnam have significantly decreased, costing only a fraction of their prices two years ago.

Golden kiwi from New Zealand, for instance, is sold at VND57,000 per kilogram, down 15% from a year ago. Chinese and Tunisian pomegranates are priced at VND60,000-70,000 and VND35,000-50,000 per kilogram, respectively, compared to up to VND250,000 in 2021.

First-grade pears from South Korea are available at VND60,000-80,000 per kilogram, and second-grade varieties at VND30,000-40,000. The decline in prices is attributed to abundant supply and relatively stable demand, with recent trade deals contributing to lower prices of Chinese fruits in the Vietnamese market according to e.vnexpress.net.

Vietnam's accession to free trade agreements has also reduced import taxes on fruits, making imports more affordable. In the first 10 months of 2023, Vietnam imported fruits and vegetables worth $1.6 billion, with imports of fruits at low prices from countries like India, New Zealand, and South Korea increasing by 4-62% year-on-year.

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