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Vietnam: Fruit and vegetable exports grow 16%

Vietnam netted $119 million for exporting fresh fruits and vegetables in the first two months of 2013, a rise of 16% on the same period last year.

It is expected that exports will reach a value of $1 billion this year, if sales continue at their current rate.

The country’s 13 primary markets with import turnover of exceeding US$10 million included China (US$218.1 million), Japan (US$54.6 million), the US (US$ 39.9 million), Russia (US$28.4 million), the Republic of Korea (US$22.6 million), and Thailand (US$20.4 million).

Speciality fruits are being exported in strong volumes, things such as longan, mango, lychees, dragon fruit as well as banana and citrus.

Despite the seeming success in exports, however, the balance of trade remains to be addressed as imports are still high in value. Imports reached US$294 million in 2010, US$293.5 million in 2011, US$335 million in 2012, and US$51 million in the first two months of 2013— up 11.2% on the previous year.

The country is focusing on the improvement of quality, control of illegal imports and food safety issues, to try and build export potential.

Source: tuoitrenews.com
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