Photo for illustrationIn the first quarter of 2019, fruit and vegetable exports experienced negative growth. However, thanks to strong growth in April, the exports of the products saw positive growth in the first four months of the year, opening good growth prospects in the following months.
In the four months, fruit and vegetable exports were estimated at USD1.409 billion, a year-on-year increase of 7.03%.
During the period, fruit and vegetable imports were valued at USD648.79 million; bringing the trade surplus of the commodity to more than USD760.3 million.
The 10 biggest export markets of fruit and vegetables in the first quarter are China, holding a 71.67% share; followed by the US (3.35%), the Republic of Korea (3.3%), Japan (2.98%), the Netherlands (1.76%), Thailand (1.3%), UAE (1.1%), Australia (1%), Malaysia (0.89%), and Taiwan-China (0.82%).
According to some vegetable and fruit businesses, after a period of difficulties in exporting fruits to China due to following and implementing new regulations of the country on traceability, up to this time, export of fruits to the market started stabilizing again./.