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Surge in Vietnam's fruit exports due to increase in demand from China

In late November, a conference convened to assess the production outcomes of northern provinces in 2023 and outline plans for 2024. Deputy Minister of Agriculture and Rural Development, Hoang Trung, acknowledged the challenges posed by unfavorable weather conditions during the 2022-2023 winter-spring crop. Despite these challenges, northern provinces demonstrated promising results in crop production, indicating significant importance given positive market signals and prices.

As of mid-November, Vietnam's vegetable and fruit exports achieved an unprecedented turnover exceeding $5 billion, marking the sector as the fastest-growing among the top 10 key farm export items. Durian exports played a pivotal role, contributing 40% to the total export turnover of the sector, surpassing $2 billion. Other fruits, including jackfruit, watermelon, pomelo, and longan, also experienced substantial growth compared to the corresponding period last year.

The surge in fruit exports can be attributed to heightened demand from China and other countries. By the end of October, exports to China accounted for 66.1% of the total export value of the vegetable and fruit sector, reaching $3.2 billion, reflecting a notable 164.7% increase from the same period in 2022. The vegetable and fruit export turnover is expected to sustain its upward trajectory, potentially reaching $5.5 billion by year-end.

To facilitate effective production regulation, Luong Thi Kiem, deputy director of the Hai Duong Department of Agriculture and Rural Development, proposed that specialized agencies regularly update information about export markets and standards required by importers. This would empower local authorities to adjust production strategies accordingly. Specifically, Hai Duong seeks updated information on non-tariff barriers imposed by various countries, including South Korea, Japan, the US, Australia, Europe, the Middle East, and China, for Vietnamese products like carrots, litchis, cabbage, and chili. The province aspires to export its specialty, litchis, to South Korea.

Source: vietnamnet.vn

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