The major contributor to fruit and vegetable export turnover is still durian. Illustration.
Fruit and vegetable exports are favorable throughout 2023 and the growth momentum continues in the first 4 months of 2024. In the first quarter alone, due to a sharp increase in export orders, the fruit and vegetable industry earned 1.3 billion USD. This is the first time fruit and vegetable export turnover has reached over 1 billion USD in the first quarter.
According to the Vietnam Fruit and Vegetable Association (Vinafruit), the major contributor to fruit and vegetable turnover is still durian. Last year alone, this fruit contributed more than 2.2 billion USD to the industry's export revenue of over 5.6 billion USD.
Fruit and vegetable exports to major markets in the first 3 months of 2024 all grew positively. Leading in export value is the Chinese market, reaching 759.4 million USD, up 32.4% over the same period in 2023; followed by the Korean market reaching 74.6 million USD, an increase of 59.3%; The United States reached 67.7 million USD, an increase of 33.9%; Thailand reached 47.6 million USD, up 112%...
It is expected that in 2024, Vietnam's fruit and vegetable exports, including durian, will grow even more because more durian growing area codes and packaging facilities may be granted, creating favorable conditions. for export.
Vietnam is the second largest durian supplier to China but ranks first in growth rate. Vietnam's durian exports began to increase sharply when the two countries signed the protocol in July 2022.
In addition, coconuts being allowed to be officially exported will contribute to promoting better fruit and vegetable export turnover in the near future.
Demand in the largest fruit and vegetable export market is China. Vietnam is still negotiating with China to have more products officially exported to this market. At the same time, businesses continue to promote exports to major markets such as the US, EU, Australia, Korea...
By 2024, many experts predict that fruit and vegetable exports will reach 6 - 6.5 billion USD and this industry is negatively affected by El NiNo, which has been reducing the global supply of fruits and vegetables. Therefore, it will be an opportunity for Vietnam to have quality products and conquer difficult markets.
However, the opportunity that comes with it is compliance with market requirements. Accordingly, along with building and managing good growing areas to create raw material areas that meet sustainable export standards and control harvests, promptly updating technical requirements from importers will help Vietnamese agricultural products can penetrate major markets.
Recently, most markets are tightening the quality of imported agricultural products. For example, durian is criticized by importers in the Japanese market about its quality; Chili peppers are subject to increased inspection in Korea and Taiwan (China). Specifically, according to the Vietnam Trade Office in Korea, the Trade Office received a letter from the Korean Ministry of Food and Drug Safety (MFDS) announcing the re-designation of imported foods that must be inspected when entering Korea. Quoc.
ELECTRONIC MAGAZINE
