The Agro Processing and Market Development Department (Agrotrade) under the Ministry of Agriculture and Rural Development reported that Vietnam’s fruit and vegetable exports in the first eight months of this year fell by 5.8 percent year on year to about 2.53 billion USD.
Between January and July, China remained the biggest importer as it accounted for 70.5 percent of Vietnam’s fruit and vegetable exports, equivalent to 1.65 billion USD – down 5.6 percent year on year. It was followed by the US, whose imports rose 12.5 percent to 84.07 million USD, making up 3.6 percent of the total. The Republic of Korea ranked third with 76.91 million USD worth of the commodities from Vietnam, rising 13.1 percent and accounting for 3.3 percent of the total.
The markets posting surges in the import of Vietnamese fruits and vegetables included Laos 2.84 times, Hong Kong (China) 2.37 times, Taiwan (China) 44 percent, and the Netherlands 37.9 percent.
Also in August, Vietnam purchased 134 million USD worth of fruits and vegetables from other countries, raising the eight-month imports to 1.28 billion USD, up 11.5 percent from a year earlier.
According to en.vietnamplus.vn, Agrotrade forecast there remain numerous difficulties facing the exports for the remaining months of this year due to uncertainties in the world’s economy, the escalating US-China trade tension that will cause reluctance over trade and investment activities, and the enhanced application of strict food safety and environmental protection standards in many markets.