Fruit, nut exports to demanding markets enjoy growth

Viet Nam achieved considerable growth in fruit and nut exports to demanding markets despite a downward trend in the Chinese market, according to the Ministry of Industry and Trade (MoIT).
E-commerce anticipated to record stellar growth in 2021
Russian paper highlights impressive Vietnamese economic growth
Fruit, nut exports to demanding markets enjoy growth
Vietnamese fruits. (Photo: Zing)

The ministry reported that Viet Nam’s fruit and nut exports in December 2020 alone recorded an increase of 3.3% to US$175 million in comparison to November, but a fall of 24.4% against December 2019.

Fruit and nuts are among the key farm produce for export, with their export value accounting for 67.5% of the country’s total exports of fruit and vegetables.

However, China, Viet Nam’s largest commodity consumer, lowered fruit and nut imports in 2020 after it enforced stricter regulations with regard to origin traceability, food hygiene, and safety due to COVID-19.

In contrast, fruit and nut exports to some markets such as Thailand, the United Arab Emirates, Australia, the Republic of Korea (RoK), Taiwan (China), and Japan, witnessed a sharp increase during the January-November 2020 period. Yet, the export proportion to these markets remains low compared to their import demand.

The sharp increase recorded in the export of fruit and nuts in high-end markets such as Japan, Australia, the RoK, and the EU has opened up prospects for the products to penetrate other markets globally, said the MoIT.

The MoIT has advised businesses to improve product quality, enhance origin traceability and diversify export markets as Viet Nam has the chance to increase the export of various types of tropical fruit such as dragon fruit, mangoes, watermelons, bananas, longan, litchi and jackfruit.

Vietnam, China's Hong Kong enjoy fruitful cooperation: Consul General Tran Thanh Huan

Viet Nam, China's Hong Kong enjoy fruitful cooperation: Consul General Tran Thanh Huan

All fields of the partnership between Viet Nam and the Hong Kong Special Administrative Region of China, especially economy, trade and investment, have been given due ...

Vietnam, India see huge export potential ahead for farm produce

Viet Nam, India see huge export potential ahead for farm produce

There remains plenty of room to further agricultural co-operation between Viet Nam and India, especially in terms of fruit exports, according to Ms. Shubhra, an official ...

Vietnam and the Netherlands seek to boost trading in fruits, vegetables

Viet Nam and the Netherlands seek to boost trading in fruits, vegetables

A virtual conference on trading in fruits and vegetables between Viet Nam and the Netherlands was held on September 29 to match Vietnamese suppliers and potential ...

(Source: VNA)