Forecast optimistic for local fruit and vegetable exports

Mar 13th at 10:32
13-03-2014 10:32:43+07:00

Forecast optimistic for local fruit and vegetable exports

Vietnamese experts are optimistic about the prospects for this year's fruit and vegetable exports, expecting to rake in US$1.2 billion.

 

Viet Nam's Fruit and Vegetables Association (Vinafruit) was quoted as saying that fruit and vegetable exports jumped more than 22 per cent as compared to last year and recorded US$136 million in the first two months of this year, according to radio the Voice of Viet Nam.

Vinafruit Secretary General Nguyen Van Ky stated that major importers of Vietnamese fruit and vegetables were China, Japan, the US, and Thailand. Malaysia too is a major importer of Vietnamese fruit and vegetables.

He noted that Viet Nam and Taiwan (China) finalised an agreement in late 2013 under which the latter will import a large amount of Vietnamese dragon fruit. Viet Nam is also due to ship fruits to New Zealand and mangoes to the Republic of Korea in the first quarter of this year.

Longans and lychees are being processed for shipment to the US market, and the two nations are currently negotiating a deal on the export of mangoes and star apples.

According to Vinafruit, last year, Viet Nam exported 1,300 tonnes of dragon fruit and 300 tonnes of rambutan to the US, along with 300 tonnes of dragon fruit to Japan and a similar quantity of the fruit to the Republic of Korea.

Except for dragon fruit, exports of other kinds of fruits, such as pomelos, mangoes, and rambutans, to the US remain modest. Vegetable exports to Europe have resumed, but in small volumes.

Last year, fruit and vegetable exports hit $1.04 billion, nearly $200 million more than the figure recorded in 2012.

China was Viet Nam's biggest importer, accounting for 27.6 per cent of the local market share. It was followed by Japan with 5.59 per cent and the US with 4.7 per cent.

Viet Nam's fruit and vegetables are now available in markets of 40 countries around the world. Best sellers include dragon fruit, grapefruit, and frozen and canned vegetables. 

vietnamnews



NEWS SAME CATEGORY

Producers hurry to export sugar, consumers rush to import sugar

Vietnamese sugar refineries have been trying to export sugar as much as possible to avoid the direct confrontation with the smuggled imports from Thailand...

Consumer optimism revs up car sales

The number of imported cars in the first two months of this year increased sharply in terms of value and volume, according to the General Office of Statistics (GSO).

Creativity key for handicraft boost

Domestic handicraft exporters would gain 30-50 per cent turnover if they made efficient investments in design and enhancing creativity for meeting the demands and...

VN rubber bounces to third place

Viet Nam has surpassed Malaysia and India to become the third largest producer of natural rubber worldwide in 2013, according to latest data from the Association of...

Gold price tumbles to 2-week low

The gold price yesterday dropped to its lowest value over the last two weeks, reaching VND36 million (US$1,714) per tael, reported gold sellers.

Mobile phone exports on the rise

Viet Nam earned US$3.3 billion from exports of mobile handsets and spare parts in the first two months of 2014, posting a year on year increase of 22.9 per cent.

Motorbike market almost reaches saturation in Vietnam: insiders

Motorbike sales will continue to slump as the Vietnamese market has almost reached a saturation point, industry insiders have said.

Latex traders seek VAT clarifications

Rubber trading companies have asked the Ministry of Finance to issue clearer guidance regarding payment of the value added tax (VAT) on pre-processed latex.

Cassava exports face decline

Viet Nam's exports of cassava declined by 32.4 per cent to 652,000 tonnes, and by 30.6 per cent in value to $206 million, during the first two months of 2014.

Ministry maintains petrol retail prices

The Ministry of Finance yesterday asked domestic fuel wholesalers to maintain the current retail prices of petrol, though they have incurred losses.

Commodity prices


MOST READ


Back To Top