“Vietnamese Produce Exports to the US Reap Over $300 Million”

In the first seven months of the year, the United States significantly ramped up its imports of Vietnamese fruits and vegetables, witnessing a remarkable surge of 67% compared to the same period last year.

0
301

Illustrative image.

Data from the Customs Department reveals that in the first seven months of the year, the US increased its imports of Vietnamese fruits and vegetables by 67% compared to the same period last year, earning over $300 million. From the beginning of the year until now, the export turnover of Vietnam’s fruit and vegetable industry has reached over $4.6 billion.

The report also indicates that China remains the largest importer of Vietnamese fruits and vegetables, with a value of $2.1 billion, although this is slightly lower than last year. Meanwhile, the US is ranked second but has the highest import growth rate.

Bananas, guava, dragon fruit, fresh coconuts, and mangoes are among the favored choices of American consumers.

Other important markets have also recorded significant growth, including Japan with a 21% increase, the Netherlands with 37%, Australia with 32%, the UAE with 56%, and Malaysia with 62%.

In contrast, South Korea and Thailand, although still among the top 10 key markets for Vietnamese fruit and vegetable exports, have experienced decreases of 3% and 40%, respectively.

Mr. Dang Phuc Nguyen, Secretary-General of the Vietnam Fruit and Vegetable Association, stated that fruit and vegetable exports have witnessed a remarkable recovery, with the turnover of the past eight months almost catching up to last year’s figures. He attributed this positive development mainly to durian, which currently holds the highest proportion in the country’s fruit and vegetable export structure.”

Durian is currently in its main harvest season in the Eastern and Western Southern provinces, the largest growing region in Vietnam. Thanks to meeting the standards set by China, the export of this fruit, along with other agricultural products, has prospered.

With these positive trends, experts are optimistic that the fruit and vegetable industry’s export turnover this year may surpass last year’s figure of $7 billion.

You may also like

A Tasty Trade: Vietnamese Produce Exports to the US Soar by 67%, Reaping Over $300 Million

In the first seven months of the year, the United States significantly ramped up its imports of Vietnamese fruits and vegetables, witnessing a remarkable surge of 67% compared to the same period last year.

The King of Fruits: Unveiling the Magic Behind the Durian Livestream’s 60-Ton Success

For the very first time in Dak Lak, the capital of durian in Vietnam, a female Party Secretary of a commune and the local ethnic minority people livestreamed to sell durians. This unique sales approach attracted thousands of viewers, and over 60 tons of durians were ordered.

The Chinese Sturgeon’s Invasion of Vietnam: A Troubling Trend for Local Farmers

The imported Chinese sturgeon costs only around 100,000 VND per kg, a bargain compared to the locally farmed fish in Lai Chau and Lao Cai. With the tax exemption on officially imported Chinese sturgeon in Vietnam, the local industry faces an uphill battle to compete on price.

A Plethora of Chinese Businesses Are Heading to Ho Chi Minh City to Procure Durian

A host of leading Chinese fruit retailers and businesses are set to descend on Ho Chi Minh City in September. They are on a mission to source the finest durian, jackfruit, and coffee that Vietnam has to offer.

The Rise of Bac Ninh: Unveiling the Secrets Behind Its Export Success

In a surprising turn of events, Bac Ninh has overtaken Ho Chi Minh City to become the country’s top exporter in the first month after the local reorganization. With a remarkable trade surplus of over $800 million, Bac Ninh has asserted its strength and potential in the Vietnamese economy.