Vietnam spent US$1.57 billion on importing fruit and vegetables in the first 11 months of this year, up 11.5% from the same period in 2017, according to statistics of the Ministry of Agriculture and Rural Development (MARD).
Thailand is the top exporter of fruit and vegetable to Vietnam, accounting for 41% of Vietnam’s total import of the products. China followed with 24% of market share.
According to head of the MARD’s Plant Protection Department Hoang Trung, a large volume of fruits imported from Thailand are re-exported to China, mostly durian, mangosteen and longan.
Shipments from several markets showed strong surges, such as Chile with a 98% increase, the US (90%) and the Republic of Korea (83%).
Meanwhile, the export of fruit and vegetables in the 11-month period also went up 11.6% on a yearly basis to US$3.5 billion, with 73.8% of export volume going to China.
At present, 80% of Vietnam’s fruit outputs are consumed in the domestic market, mainly in the form of fresh fruits. Few enterprises have invested in fruit processing, due to the lack of concentrated growing areas that can ensure stable supply of big amounts of raw materials.
Newer news items:
- Putting the best bitter gourd forward - 15/08/2019 07:36
- Vietnam becomes second largest exporter of lychees - 24/06/2019 04:37
- China tightens import standards for Vietnamese fruits - 24/06/2019 04:05
- Vietnam farmers enjoy lychee export price surge - 24/06/2019 03:57
- Vegetable exports hit US$3.5 billion in 11 months - 25/12/2018 09:32
Older news items:
- Dragon fruit prices rise sharply - 25/12/2018 09:16
- VietGAP farming standards help improve orange cultivation in Ha Giang - 25/12/2018 09:09
- Tangerine variety in Hoa Binh granted collective trademark - 25/12/2018 09:01
- VN fruits need to gain domestic market before exporting - 11/10/2018 08:21
- Binh Thuan dragon fruit promoted in India - 11/10/2018 08:17