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VN to earn US$4.2 bln from vegetable, fruit exports in 2019

VGP – Viet Nam expects to gain US$4.2 billion from exporting vegetable and fruit in 2019, according to the Ministry of Agriculture and Rural Development’s Processing and Market Development Authority.

August 21, 2019 5:02 PM GMT+7

Earnings from vegetable and fruit exports in the first seven months of the year are estimated at US$2.3 billion.

China remained the biggest export market of Viet Nam in the reviewed period, accounting for 71.9% of the market share. Viet Nam’s vegetable and fruit exports to China reached US$1.5 billion.

The General Department of Viet Nam Customs reported that high growth was also recorded in many other markets in the first half of 2019, including Indonesia (339%), Italy (208%), Laos (161.8%), and Hong Kong (133.3%). 

Last year, fruit and vegetable export revenue reached US$3.8 billion, up 8.8% year on year.
In the first half of 2019, Viet Nam shipped US$73.1 million worth of vegetables and fruits to the EU market.

In order to optimize great potential of foreign markets, the Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development are working together to open markets for Vietnamese longan, litchee, rambutan to the Republic of Korea, Brazil, Argentina, and Vietnamese star apple to the US, grapefruit and custard apple to China.

To date, nine Vietnamese fruits have been allowed to be officially imported into the Chinese market, namely dragon fruit, water melon, litchee, longan, banana, mango, jackfruit, rambutan and mangosteen.

By Hoang Ha