Fruit, vegetable exports historical high
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Fruit and vegetable exports in the first three quarters are worth an estimated US$4.1 billion, 24% more than in full-year 2022, Vinafruit said, citing customs data.
Vinafruit, or the Vietnam Fruits and Vegetable Association, said durian, banana and dragon fruit were the main contributors to the increase, with durian in the lead after climbing into the billion-dollar export club.
China has been by far the biggest importer, buying $2.3 billion worth of fruits and vegetables from Vietnam in the first eight months of the year, a 134% increase year-on-year and accounting for a 64% share.
The next three biggest importers have been the U.S. ($168 million, 6% down in the same period), South Korea ($148 million, up 18%), and Japan ($123 million, up 6%).
Durian exports increased 20-fold this year. Unlike the Thai and Philippine varieties, Vietnamese durian can be harvested even in the so-called off-season, and their exports fetch higher prices as a result.
China also bought bananas and jackfruit from Vietnam at higher prices and is considering buying fresh coconuts through official quotas.
The U.S. recently allowed imports husked coconut from Vietnam.
According to the Ministry of Agriculture and Rural Development, Vietnam plans to both export more items and to more markets, including passion fruit to the U.S. and Australia; grapefruit to Japan, Korea, Australia, and India; durian to India; and citrus fruits, coconut and durian to China.
Questions & Answers
Q.Which fruit contributed most significantly to the increase in Vietnam's fruit and vegetable exports?
Which fruit contributed most significantly to the increase in Vietnam's fruit and vegetable exports?
Durian was the main contributor to the export increase, leading the way after joining the billion-dollar export club. Its exports rose 20-fold this year.
Q.Which country is the largest importer of Vietnamese fruits and vegetables?
Which country is the largest importer of Vietnamese fruits and vegetables?
China is by far the biggest importer, buying $2.3 billion worth of fruits and vegetables in the first eight months. This represents a 134% increase year-on-year and a 64% market share.
Q.What is unique about Vietnamese durian that makes it fetch higher prices?
What is unique about Vietnamese durian that makes it fetch higher prices?
Unlike varieties from Thailand and the Philippines, Vietnamese durian can be harvested even in the off-season. This unique harvesting capability allows its exports to command higher prices.
Q.Which new markets does Vietnam plan to export passion fruit and grapefruit to?
Which new markets does Vietnam plan to export passion fruit and grapefruit to?
Vietnam plans to export passion fruit to the U.S. And Australia. Grapefruit exports are planned for Japan, Korea, Australia, and India as part of expansion efforts.
Reader pulse
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