Thailand, which previously ranked sixth after Japan and Taiwan (China), has climbed to fourth place with a seven-month export value of $123 million, a 70 per cent increase compared to the same period last year.
The strong growth in exports during the first seven months of this year showed that the quality of Vietnamese fruits and vegetables has been improved to meet the export markets'' requirements.
Việt Nam’s fruit and vegetable exports could reach record levels in 2024, especially with the country working on an export protocol for fresh coconut and frozen durian with China this year.
This is the first time fruit and vegetable export value has exceeded $1 billion right in the first quarter, signalling strong growth for the sector in the future.
Việt Nam has more opportunities to boost fruit and vegetable exports to China this year due to signing more protocols to permit official exports of fruits and vegetables to this neighbouring market.
The Việt Nam Vegetable and Fruit Association (VINAFRUIT) estimated that Việt Nam’s fruit and vegetable exports will top US$5.5 - 5.6 billion, which is a new record, in 2023.
Fruit and vegetable exports have been worth US$3.25 billion in the year-to-date, a 68.8 per cent increase year-on-year and already in excess of the 2022 figure of $3.16 billion.
Despite declines in the export of some agricultural products, overseas shipments of fruits and vegetables remain positive, promising a bright prospect in the second quarter of 2023.
Viet Nam’s fruit and vegetable exports in the first two months of this year reached US$592 million, an increased of nearly 18 per cent compared with the same period last year.
Viet Nam achieved a high growth rate of fruit and vegetable exports in the first month of 2022, according to the Viet Nam Fruit and Vegetable Association (Vnfruit).
Exports of fruits and vegetables were worth US$2.06 billion in the first six months of this year, up 17.4 per cent year-on-year, and are expected to reach a record US$4 billion this year.