Vietnam’s export turnover of fruit and vegetable recorded a surge of 53.1% in February to US$324 million compared to the same period in the previous year, the General Department of Vietnam Customs (GDVC) releases.

Fruit and vegetable exports in the first two months of the year rose by 12.4% year-on-year to about US$565.95 million.

According to the Import-Export Duty Department (Ministry of Industry and Trade), the surge in export value to the Chinese market can be considered the main factor behind the rise of fruit and vegetable exports amid the plunge in several major export products.

In this period, the exports to the Chinese market rose by 25.3% year-on-year to US$ 320.5 million, accounting for 56.7% of the total export turnover of fruit and vegetable. Moreover, the Chinese government’s removal of the Zero-Covid policy has helped Vietnamese fruit and vegetable exports to regain their growth momentum.

Local fruit and vegetable exports to other foreign markets also recorded an upward trajectory, with exports to the Republic of Korea, Japan, and the Netherlands increasing by 12.4%, 17%, and 69.9% to US$27 million, US$23.3 million, and US$19.8 million, respectively.

According to the Ministry of Industry and Trade, fruit and vegetable exporters should meet increasingly stringent standards of import markets to maintain growth.

Customs News