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Vietnam fruit and veggie exports bring US$5.6 billion in 2023

The Saigon Times

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HCMC – Vietnam’s fruit and vegetable exports have reached a new high of US$5.6 billion in the year to date, beating the full-year target by 40%, according to the Vietnam Fruit and Vegetable Association (VINAFRUIT).

The higher-than-expected performance of the fruit and vegetable export sector reflects a 65.6% increase in revenue compared to the previous year. It stands out among other major agricultural product exports such as rice, cashew nuts, and coffee.

China has emerged as the largest buyer of Vietnamese fruits and vegetables, accounting for 65.5% of the total. Exports to China in January-November generated US$3.4 billion in revenue, up by a staggering 148% year-on-year.

Countries like Australia, the United Arab Emirates, South Korea, Japan, and the Netherlands have also shown increased interest, with imports of Vietnamese fruits and vegetables rising by 2% to 31% compared to last year. However, Vietnam’s exports to Russia have declined due to the impact of military conflicts.

Among the various fruits and vegetables exported, durian accounted for 40%, followed by jackfruit, watermelon, pomelo and longan.

Dang Phuc Nguyen, secretary of VINAFRUIT, attributed this success to the signing of multiple protocols with China, facilitating the trade of Vietnamese agricultural products in this market. Additionally, improvements in logistics infrastructure, including roads and warehouses, have reduced trading costs, making Vietnamese export prices more competitive than those of competitors.

According to the Plant Protection Department, Vietnam is exploring opportunities to export fruits and vegetables to other markets. Ongoing negotiations with countries like the United States, Australia, Japan, South Korea, and India are expected to further boost these exports.

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