Viet Nam’s Fruit and Vegetable Exports Set Record High

Viet Nam gained US$2.75 billion from exporting fruits and vegetables in the first half of this year, reported the Ministry of Agriculture and Rural Development.

Viet Nam's fruit and vegetable exports in the first half of 2023 is equal to 81.8 percent of the total export value in 2022

In the reviewed period, exports to China increased by 64.2 percent against the same period last year and equalled to 81.8 percent of the total export value in 2022. 

In addition to the Chinese market, exports of vegetables and fruits to other markets also grew positively, such as South Korea, Japan, the Netherlands, the United Arab Emirates, and Malaysia.

Durian exports are forecast to reach US$1 billion and fruit and vegetable exports would probably reach US$4 billion by the end of this year, the ministry forecasted. 

The ministry also said that the total agro-forestry-fishery export value hit US$24.59 billion in the first half of 2023, down 11.1 per cent year on year. 

Specifically, the export value of main agricultural products reached US$12.79 billion, up 12 per cent and livestock products also saw an increase of 26.5 per cent in export value to US$232 million.

Meanwhile, the exports of forestry and aquatic products witnessed respective decreases of 28.2 percent and 27.4 percent, reaching only US$6.5 billion and US$4.13 billion. 

Coffee, rubber, rice, vegetables, cashew nuts, shrimp, and wood were among products that posted an export revenue of at least US$1 billion each. 

Regarding export markets, China, the U.S. and Japan continued to be the three largest importers of Viet Nam's agricultural, forestry and fishery products.

Source: VGP