Vegetable and fruit exports hit USD3.5 billion in 11 months

Friday, 07/12/2018 09:35
Export value of vegetables and fruits reached an estimated USD3.5 billion in Jan-Nov 2018, a year-on-year rise of 11.6%, according the Ministry of Agriculture and Rural Development’s Agricultural Processing and Market Development Authority.

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Specifically, China was the biggest vegetable and fruit importer from Vietnam, holding 73.8% of the market, valued at USD2.41 billion, a year-on-year rise of 11.3%.

However, vegetable and fruit exports will have a growth rate of about 10% in 2018, much lower than 42.4% of 2017, due to meeting many difficulties.

In the coming time, the harvest of durian, rambutan, mangosteen, jackfruit, mango, dragon fruit, watermelon and grapefruit is predicted to see lower prices of some commodities.

Conversely, the import value of vegetables and fruits in November reached an estimated USD137 million, totaling USD1.57 billion in the first 11 months, a year-on-year rise of 11.5%. Of this, vegetable imports earned USD458 million, up 45.4%, while fruit imports bagged USD1.09 billion, up 0.2%./.

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