Fruit, vegetable exports may set new record in 2024
VGP - Viet Nam's fruit and vegetable export turnover is likely to set a record high of US$7 billion in 2024.
The country earned US$3.83 billion from exporting fruits and vegetables in the first seven months of 2024, up 24.3 percent year-on-year.
Notably, the sector has reported double-digit growth in the top 10 export markets (excluding the Netherlands).
Recently, South Korea agreed to import fresh grapefruit and durian from the Central Highlands, which is entering its season when Thailand's season is over.
According to the General Secretary of the Viet Nam Fruit and Vegetables Association, Dang Phuc Nguyen, the export value of Vietnamese fruit and vegetables to South Korea and Japan is on the rise.
Besides building a brand and position in the traditional Chinese market, the fruit and vegetable sector is increasingly expanding export horizon in the Northeast Asian region.
China was the biggest importer of Vietnamese fruits and vegetables in Northeast Asia, accounting for 64 percent of the total export value, up 22 percent compared to last year. It was followed by South Korea, up 55 percent year-on-year.
Northeast Asia will be a strategic market for Vietnamese fruits and vegetables in the future.
Export companies will benefit from tariff advantages and reduce transportation and logistics costs compared to other markets such as the EU and the US.
According to the Plant Protection Department (PPD) under the Ministry of Agriculture and Rural Development (MARD), within the Regional Comprehensive Economic Partnership (RCEP) Agreement, Viet Nam is allowed to export the most significant number of fruit products to China, with 12 official products.
China has also approved the temporary and pilot import of Vietnamese passion fruits and coconuts, respectively.
The PPD is working on opening the market for citrus fruits, medicinal plants, and frozen durian in China.
Additionally, Viet Nam is negotiating a deal to export passion fruit, longan, and lychee to Australia and passion fruit and grapefruit to New Zealand.
Deputy Minister of Agriculture and Rural Development Phung Duc Tien said sensitivity and strict adherence to international regulations are fundamental solutions for the sustainable development of all sectors, including fruits and vegetables.
The MARD, along with other ministries, agencies, and local authorities, are tightening quality management and monitoring cultivation areas./.