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Fruit & vegetable import turnover surges sharply in H1

VGP – Although fruits and vegetables are its advantageous commodities, Viet Nam still spent US$ 670 million importing the products, a big surge of 91.2% against the same period last year, the Ministry of Industry and Trade (MoIT) reported.

July 21, 2017 3:41 PM GMT+7

Illustration photo

In the January-June period, overseas shipment of fruits and vegetables was estimated at US$ 1.75 billion, representing a year-on-year surge of 50.4%.

China was the biggest importer with US$ 1.25 billion, accounting for 74.9% of Viet Nam's total export turnover, up 55.4% against the first half of 2016.

Japan came in second with US$ 56.54 billion (up 60.8%); followed by the U.S. with US$ 53.6 million (up 26.4%), the Republic of Korea with US$ 49.8 million (up 11.5%); the Netherlands with US$ 31.11 million (up 11%).  

On the other hand, the country's import turnover of fruits and vegetables was US$ 669 million, representing a year-on-year surge of 91.2%.  

Viet Nam chiefly imports fruits and vegetables from India, Australia, Thailand, China, South Africa, New Zealand, Myanmar, the U.S., and Chile.

The MoIT reported that the commodity is put under control and the surge was regarded as unexpected.

Deputy Minister of Industry and Trade Do Thang Hai attributed the situation to higher income of people and local consumers losing trust on the quality of domestically-grown fruits and vegetables./.

By Kim Anh