Fruit and vegetable export: There is still a lot of room in major markets

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Source: Tapchicongthuong.vn

According to statistics from the General Department of Customs, Vietnam’s fruit and vegetable export value in December 2023 reached 408.2 million USD, up 9.5% compared to November 2023 and up 31.5%. compared to December 2022. Overall, in 2023, the export value of fruits and vegetables will reach 5.6 billion USD, an increase of 66.7% compared to 2022.

fruit and vegetable export

According to the Import-Export Department (Ministry of Industry and Trade) and the Industry and Trade Information Center, in 2023, despite many difficulties and challenges, facing many requirements, standards and tightening spending by impact of inflation in main consumer markets, but the fruit and vegetable industry is still accelerating and recording high growth. The results achieved are thanks to the efforts of the business community in the industry, along with timely support policies of the State and the companionship of the Vietnam Trade Office system abroad.

Notably, in the structure of the fruit and vegetable export market, China is always Vietnam’s largest fruit and vegetable import market, with a proportion accounting for 65% of the total export value. Export of fruits and vegetables to the Chinese market recorded a high growth rate thanks to a number of Protocols signed with China in 2022. Therefore, the export value of fruits and vegetables to the Chinese market in 2023 reached 3.6 billion USD, an increase of 138.7% compared to 2022.

There are also many free trade agreements that Vietnam signed with other countries, which has supported export activities, including fruits and vegetables. Therefore, the export activities of the fruit and vegetable industry to other markets also grew significantly such as: The US market reached 257.8 million USD, an increase of 4% compared to 2022; followed by the Korean market reaching 225.8 million USD, an increase of 24.9%; Japan reached 176.2 million USD, up 6.7%…

fruit and vegetable market

Notably, fruit and vegetable exports in 2023 will increase mainly due to a sudden increase in durian fruit exports (HS code 0810.60.00). In 2023, durian fruit exports will reach 2.1 billion USD, up to 1.82 billion USD compared to 288 million USD the previous year. Of which, Vietnam’s durian fruit is mainly exported to China with 2.03 billion USD, accounting for 99.4% of the country’s total export value of this product group.

Vegetables
Durian fruit exports increase, making a major contribution to the country’s fruit and vegetable export growth in 2023.

With the current growth rate, the outlook for fruit and vegetable exports in 2024 is forecast to continue to improve. There is still a lot of room in big markets, along with that the quality of Vietnamese fruits and vegetables has had a big shift, ensuring the criteria for entering many markets. The presence in most major markets with strict quality standards has affirmed the position of Vietnamese fruits in the world market, opening up many opportunities ahead. However, fruit and vegetable industry It is also necessary to maintain and improve quality, strictly comply with quality regulations and traceability to be able to take advantage of market opportunities.

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