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Fruit export turnover fetches up US$ 7 billion in Jan-July

VGP – Fruit export earned nearly US$ 2 billion in the first seven months, representing a year-on-year decline of 12.3%, the Ministry of Agriculture and Rural Development (MARD) reported.

August 10, 2020 5:18 PM GMT+7

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China was the biggest importer of Vietnamese fruits by occupying over 59% of the market shares.

However, overseas shipment to China and Singapore decreased by 29% and 1%, respectively. 

The rest of export markets increased including the RoK (up 25.5% with 4.6% of the market share); Thailand (up 234% with 4.5% of the market share); the U.S. (up 10%) and Japan (up 13%). 

The MARD attributed the declining fruit export turnover to lower overseas shipment of key products including dragon fruits (down 6%); banana (down 9.5%); durian (down 71%); and watermelon (down 38.5%). 

The MARD reported that in the reviewed period, Viet Nam imported US$ 708 million of fruits, representing a year-on-year decline of 37.7%. The U.S., China, and Australia were the three biggest fruit exporters to Viet Nam./.  

By Kim Loan