The export value of local fruit and vegetables throughout the reviewed period recorded a decline of 12.5% to US$2.72 billion in comparison with the same period from last year.
China remained as the largest importer of Vietnamese fruit and vegetables, making up 57.5% of the overall market share with an export value of US$1.43 billion, an annual decrease of 25.9%. Elsewhere, exports to Hong Kong (China) and the Netherlands endured falls of 2% and 3.7%, respectively.
According to the Agro-Processing and Market Development Authority (Agrotrade), this decline in domestic fruit and vegetable exports can be attributed to a sharp fall occurring in export turnover of several fruit products, including dragon fruit, bananas, lemons, and durians.
Agrotrade attributed the increase in China’s imports to the high demand that typically occurs around the Mid-Autumn Festival and National Day, along with shortages of the supply sources of fruit and vegetables caused by the impact of devastating floods which have hit Hubei province.
Fruit and vegetable exports are projected to witness a positive outlook during the remaining months of the year as a result of an increase in Chinese’s import demand, in addition to the positive effects of the EU-Vietnam Free Trade Agreement (EVFTA).
- Fruit and vegetable exports reach nearly US$2.72 billion in ten months
- Fruit and vegetable exports down over 12 percent in first seven months
- Fruit and vegetable exports plummet over nine months
- Processed fruit and vegetables enjoy robust growth during nine-month period
- 7-month fruit and vegetable exports fetch nearly USD2 billion
- Decrease in exports of fruit and vegetable to China, “jump” in Thailand
- Fruit, vegetable exports fetch 2.5 billion USD in nine months
- Vietnam’s fruit exports to China decline, but surges to Thailand
- Fruit, vegetable exporters need to focus on policy changes: conference