Exports of processed fruit and vegetables continue to exceed 1 billion USD

Friday, 12/01/2024 11:00
Vietnam’s processed fruit and vegetables continue to be among export items worth more than 1 billion USD in 2023 after steadily growing in recent years.
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Vietnam now has 150 fruit and vegetable processing factories . (Photo: hanoimoi.vn)

According to figures of the Ministry of Industry and Trade’s Department of Export-Import, by the end of 2023, Vietnam’s processed fruit and vegetable exports reached 996.5 million USD, a year-on-year rise of 18%. Mr. Dang Phuc Nguyen, Secretary General of the Vietnam Fruit and Vegetables Association, forecast the country’s processed fruit and vegetable exports will hit more than 1.2 billion USD in 2023.

In 2022, processed fruit and vegetable exports also reached 1.014 billion USD for the first time, accounting for 29.47%. Thus, 2023 will be the second year the export value of this product exceeds 1 billion USD.

In recent years, processed fruit and vegetable products have always achieved high growth rates.

According to data from the General Department of Customs, Vietnam's processed fruit and vegetable exports in the 2016-2020 period grew steadily, and recorded a sharp increase in 2020 when the COVID-19 epidemic broke out with an average of 19.5% a year, from 400 million USD in 2016 to 798 million USD in 2020.

Vietnam’s export market for products from vegetables, fruits, nuts or other parts of plants is 162 countries and territories. In particular, Vietnam focuses on exporting these products to major markets such as China, the US, Japan, the Republic of Korea, Russia, and Australia.

The Department of Import-Export said that in recent years, processed fruit and vegetable products have always achieved high growth rates, even in the context of the strong outbreak of COVID-19.

Vietnam currently has 150 fruit and vegetable processing factories with processing capacity of nearly 1.1 million tons a year. However, these factories can only process about 8-10% of fruit and vegetable output each year. In addition, 3.4 million tons of fruits and vegetables are processed by 7,500 micro-scale and household fruit processing and preservation establishments, so it is difficult for these products to meet the quality for export./.

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