Vietnam’s total produce export value reached approximately US$380 million in March, showing an increase of 6.3% compared to the same period of last year. From January to March, the country’s total produce export value reached US$944 million, showing an increase of 6.1% year-on-year. The data was released by the Import and Export Bureau of the Ministry of Industry and Trade of Vietnam in March.
China is still Vietnam's largest export market. In January and February this year, the country’s total produce exports to China valued at approximately US$352.83 million, seeing an increase of 17.5% year-on-year and accounting for 62.5% of the country’s total produce exports.
Produce from Vietnam are also exported to markets such as the United States, Thailand, Japan, and South Korea. It is worth noting that exports to markets such as Taiwan, Australia and Malaysia have soared. The export value to Taiwan reached US$12.87 million, seeing a year-on-year increase of 43.1%; that to the Australia reached US$11.9 million, seeing an increase of 30.6%; that to Malaysia reached US$9.2 million, showing an increase of 32.5%.
Despite the impact of the Covid-19 pandemic, Vietnam's produce export is still very active in the first three months of 2021. The above results are achieved thanks to effective control so that export activities are not hindered. At the current growth rate, Vietnam's produce export will continue to grow in the future. In 2020, due to the impact of the Covid-19 pandemic, Vietnam's produce export value was only US$3.26 billion, seeing a drop of nearly 13% compared with 2019.
Source: Fruit Critic