In the initial two months of 2023, Vietnam witnessed a 38% increase in fruit and vegetable exports, totaling approximately 749.7 million USD. This sector is on track to achieve close to 7 billion USD in exports for the year. The positive trend is expected to continue into 2024, with many companies reporting full order books through the end of the first quarter, as per the Lao dong Newspaper.
The signing of a protocol on phytosanitary requirements between the Vietnamese Ministry of Agriculture and Rural Development and the General Administration of Customs of China last year is set to significantly boost durian exports, potentially generating 3.5 billion USD. Dang Phuc Nguyen, the General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit), highlighted that despite potential challenges in European and US markets due to Red Sea tensions, exports to China, particularly of durian, dragon fruit, jackfruit, banana, and mango, are expected to surge.
Deputy Minister of Agriculture and Rural Development, Phung Duc Tien, announced that four more Vietnamese products, including medicinal herbs, coconuts, frozen fruits, and watermelons, will soon be exported to China through official channels, further enhancing Vietnam's agricultural export revenue. Last year, the country's fruit and vegetable export turnover reached an estimated 5.6 billion USD, marking a 66% increase from the previous year, with durian surpassing dragon fruit in export value. China remains the top importer of Vietnamese fruits and vegetables, with a turnover of 3.7 billion USD, reflecting nearly a 250% increase in value and a 65% rise in market share compared to 2022.
Source: en.vietnamplus.vn