Export week 11/13-11/19: Fruit and vegetable exports will reach a record of 5 billion USD, cassava joins the "billion-dollar export club" Vietnamese fruit and vegetable exports and the fear of "Achilles' heel" |
According to the Vietnam Fruit and Vegetable Association, the reason for the sharp decline in fruit and vegetable exports at the end of the year is because the main product, durian, is out of season. Meanwhile, this product contributes the most to the turnover of the fruit and vegetable industry.
Watermelon will be officially exported to China (Photo: Quang Nam Electronic Newspaper) |
Despite the decrease in turnover in November, overall fruit and vegetable exports in the past 11 months still grew impressively.
In the first 11 months, fruit and vegetable exports reached nearly 5.2 billion USD, up 70.3% over the same period last year. This is the main export product group with the most impressive growth rate.
Notably, although the year is not over yet, fruit and vegetable export turnover has set a record when it reached the 5 billion USD mark for the first time.
Regarding the export market, China continues to hold the number 1 position with a turnover of more than 3.4 billion USD (as of the end of November), an increase of 149% over the same period last year (equivalent to an increase of more than 2 billion USD) and accounting for about 65.4% of the total export turnover of this item of all countries.
At the end of the year, there was more good news for the fruit and vegetable industry when the Ministry of Agriculture and Rural Development (Vietnam) and the General Administration of Customs (China) signed a Protocol on phytosanitary requirements for fresh watermelons exported from Vietnam to China. The Protocol is a step to promote the official export of this traditional agricultural product of Vietnam and standardize regulations on agricultural product exports between the two countries.
According to forecasts, by 2025, the market capacity of durian in China could reach 20 billion USD and the world's 28.6 billion USD. The growth rate of the world durian industry in the period 2019 - 2025 is forecasted at about 7.2%/year. Thus, in the coming time, the durian consumption market will still be very good. Therefore, the Vietnam Fruit and Vegetable Association recommends that farmers consider the sustainability factor, improve the quality of products and varieties.
Besides favorable factors, our country's fruit and vegetable industry still faces many difficulties and challenges as more and more countries erect technical barriers.
Recently, Thailand has raised the standards for durian exports, specifically increasing the dryness of durian pulp from 32% to 35% and monitoring each shipment to ensure it meets the required standards. This poses many challenges for durian farmers and Vietnamese businesses.
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