Thailand ships most fruits and vegetable to Vietnam in first quarter

Photo for illustration. (Source: tuoitre.vn)

Thailand leads among the markets shipping the most fruits and vegetable to Vietnam with USD11.5 million, accounting for nearly 50% of the total value. It was followed by China USD46 million (20%) and the USD18.1 million (10%). The remaining markets include the Republic of Korea, South Africa, Australia, New Zealand, Japan and more.

Compared to the same period last year, Vietnam’s fruit and vegetable import turnover in the first quarter this year increased by USD74 million, in which those from Thailand contributed about 71% at USD52.5 million. 

On average, Vietnam spends more than VND840 billion (USD37 million) each month importing fruits and vegetable from the market.

Thai fruits and vegetable are often distributed in Vietnam through big supermarkets and retail stores with eye-catching designs and prices as same as domestic goods.

The reason for the sharp increase in Thai fruit and vegetable imports came from the country’s retail groups buying two of the biggest retailers and wholesalers in Vietnam BigC and Metro in 2015 and 2016. In addition, Thai enterprises increase distribution of the commodities through retail channel and specialized stores./.