Vietnam has seen a rise in the number of revenue from exports of fruits thanks to improved market access

by

Exports from Vietnam’s fruit industry amounted to 4.63 billion dollars during the initial eight months of 2024. This is an increase of 30.6 percentage increase over last year’s figures, fueled by the opening of several major markets. The industry of fruit in Vietnam has experienced positive growth this year, including the introduction of pomelos to Korea, pomelos entering the Republic of Korea, and fresh coconuts as well as frozen durians launching official exports to China. Being able to sell these items into international market has extended the scope of Vietnamese exports of fruits, increasing the value of these products.

Durian widely referred to for being the “king of fruit” is the main factor in this increase and revenues averaging 1.7 billion USD during the first 7 months of this year and accounting for 41% of all profits from export of fruit. Exports of frozen durian alone will produce 400-500 million dollars in the coming year, and there are predictions that it will join to the “billion-USD” club in 2025.

The Deputy Minister for Agriculture and Rural Development Phung Duc Tien emphasized the advantages that exporting frozen durian as a way to diversify the product as well as value enhancement. Similar to this Doan Thu Giang from Vinh Khang JSC emphasized the company’s ability to sell frozen durian. Dang Phuc Nguyen of the Vietnam Fruit and Vegetable Association stated the fact that exporting frozen durian could help to balance production, ensuring prices are stable, as well as increasing the income of the stakeholders.

In 2023, China’s imports of frozen and fresh durian was estimated at 6.7 billion USD and more than 1 billion USD, in each case. The official export of frozen durian to China can be thought to offer an chance to Vietnamese organizations to improve the capabilities of their infrastructure and technology. Nguyen added that it is essential to set up the national standard for frozen and fresh durian exports in order to guarantee quality and control.

Source: VietnamPlus

Related Agroforestry News Posts:

  1. The Chinese are increasing the import of fruit and vegetables to the Primorsky Krai. The first week of the month, agriculture supervisory specialists’ branch inspected nearly 5.9 million tons of fresh vegetables as well as fruits that were imported to Primorsky Krai region from China. As per the agency the importation of fruits and...
  2. The focus of Australia’s varroa mite group moves from eradication to a’management’ focus group Australia was the first continent that was free of the varroa mite that can reduce the number of bees in the area or cause death of viral illness, up until they were discovered in the hives of sentinel bees in...
  3. Mexican papaya industry gathers to discuss ways to enhance the safety of papaya Over the past 4 years ProExport Papaya has led the field of education, training as well as research, advice and surveillance actions to ensure the execution of systems to reduce risk from contamination within the Mexican Papaya Industry. Members of...
  4. Pakistan is able to export its first freshly picked cherries China Pakistan is able to successfully export its first batch of freshly picked cherries into China that marks a huge improvement in the agriculture sector of both nations. This is a result of an agreement on phytosanitary in 2022. It will...
  5. Kiwifruit originated from New Zealand in transit to United States Retailers can anticipate shipments of Zespri Kiwifruit in the near future, because the first two shipping vessels are leaving New Zealand. The ships are anticipated to reach ports like the Port of Philadelphia and the Port of Los Angeles at...

Source: The Plantations International Agroforestry Group of Companies