Vietnam’s fruit and vegetable export value hit US$3.5 billion in the first 11 months of 2018, up 11.6% year-on-year, said the Agro Processing and Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development (MARD).

China remained the leading market for Vietnam’s fruit and vegetable exports, accounting for 73.8% of market share with more than US$2.4 billion, an increase of 11.3% against the same period last year.

A forecast from the MARD said that in 2018, vegetable and fruit export value will grow about 10% year-on-year, much lower than last year’s figure of 42.4%.

Many fruits like durian, rambutan and mangosteen will enter harvest period soon, possibly causing declines in the prices of fruits.

During January-October, Vietnam earned some US$3.3 billion from vegetable and fruit exports, up 15.5% from the same time last year, said AgroTrade. Of the total, 90.3% was raw products while processed ones only accounted for 9.7%.

VNA

• Prev
• Next