Fruit and vegetable exports may reach US$5 billion in 2023
VGP - Export value of fruits and vegetables is likely to reach US$5 billion this year, according to the Viet Nam Fruits and Vegetables Association.
Illustration photo
In the first seven months, the export value is estimated to surpass US$ 3.34 billion recorded in 2022, mainly because of China’s post-Covid re-opening of its market, impressive surge in demand for durians and diversification of markets.
It is forecast that in Q3 and Q4, nearly 7.6 million tons of fruits will be harvested, promising abundant supply for export orders.
In the first six months this year, exports of fruits and vegetables hit a record high of US$ 2.7 billion, up 64.2 percent from the same period last year..
China remains Viet Nam’s biggest importer of fruits and vegetables as it accounts for nearly 59 percent of all Vietnamese fruit and vegetable exports, followed by the U.S., South Korea, Japan, and the Netherlands.
Durian overtook dragon fruits to become the biggest hard currency earner with US$ 850 million./.
