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Vietnam’s fruit, vegetable exports to hit $6.5b

Credible News by Credible News
February 23, 2024
in Agriculture, Development, Economy, Foreign, Global Trade, Legal, News
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Fruits and vegetables

Fruits and vegetables

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Vietnam’s fruit and vegetable exports are expected to reach 6.5 billion U.S. dollars in 2024, following a record of nearly 5.6 billion in 2023.

The country’s Ministry of Industry and Trade announced this on Friday.

Bright export prospects are fueled by high demand in the Chinese market, with Vietnam negotiating for the official export of more types of fruits.

General Secretary of the Vietnam Vegetable and Fruit Association, Dang Phuc Nguyen, predicted that fruit and vegetable exports would increase by 15% to 20% by 2024.

Phuc predicted that exports would set a new record high, with a value of more than $6 billion or $7 billion.

In January 2024, the country’s fruit and vegetable exports totaled 510 million dollars, up 24.9 percent from December 2023 and 112.1 percent year on year.

Many Vietnamese fruits’ exports increased dramatically in 2023.

They include durian, up 430.1 percent to 2.2 billion dollars, dragon fruit, 523 million dollars, and jackfruit, 168 million dollars.

 

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Tags: Credible NewsFruits and VegetablesMarketVietnam
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