Particularly in December 2020, fruit and vegetable exports reached US $ 274.41 million, up 4.9% compared to November 2020 but down 17.9% compared to December 2019.
China has always been the main market for Vietnamese vegetables and fruits for export, accounting for 56.3% of the total turnover, reaching nearly 1.84 billion USD, down 25.7% compared to 2019. Next is the market. Southeast Asia reached 288.26 million USD, accounting for 8.8%, increasing by 27.3%. Export to the US market reached 168.82 million USD, up 12.5% over the same period, accounting for 5.2%.
Notably, although the export value of Vietnamese vegetables and fruits to markets such as the US, South Korea, Japan, and Australia accounts for only a small proportion, in 2020, they all have grown fairly well. This confirms that the quality of Vietnamese fruits and vegetables has met high requirements in these markets. In particular, the export value of Vietnamese vegetables and fruits to the Australian market increased sharply to 64.33 million USD, up 43.99% compared to 2019. This is considered a large potential export market for fruit and vegetable industry. Vietnam and Australia are trade partners through the ASEAN – New Zealand Free Trade Agreement (FTA) (AANZFTA), effective since 2010 and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) has Effective from the end of 2018. Thanks to these agreements, most of Vietnam’s goods exported to Australia enjoy preferential tax rates of 0% and many other favorable conditions.
Besides, in 2020, although affected by the Covid-19 epidemic, Vietnam’s fruit and vegetable exports to Thailand will still increase strongly, reaching 157.16 million USD, up 109.7% compared to that of the country. with 2019. Thailand is increasingly tightening the criteria for imported products. Recently, Thailand has issued new standards for pesticide residues on imported agricultural products. Up to now, Thailand has officially licensed four types of Vietnamese fruits to this market, namely red and white flesh dragon fruit, mango, longan, and lychee.
The outlook for Vietnam’s fruit and vegetable exports in 2021 is expected to be more positive thanks to the effective Free Trade Agreements. The opening of the FTA Portal will help businesses access and grasp the fastest and most effective benefits from the FTAs that Vietnam is participating in.