Viet Nam eyes UAE as new market for fresh produce
Viet Nam eyes UAE as new market for fresh produce
Viet Nam is eyeing the potential for exporting fruit and vegetables to the United Arab Emirates, having earned US$11 million from the trade in the first 10 months of 2014.
The Southeast Asian nation mainly exported dried coconut pulp and fresh fruits and vegetables to this market, according to the Ministry of Industry and Trade's Africa, West Asia and South Asia Market Department.
The launch of direct air routes between the two countries by Emirates and Etihad provided a more convenient method to boost the export rates of fruit and vegetables from Viet Nam to the United Arab Emirates.
Viet Nam's fruit and vegetable export turnover is expected to hit a record high of $1.4 billion in 2014, disclosed the Ministry of Agriculture and Rural Development.
China now leads the list of Viet Nam's 10 major importers of such products with 28.6 per cent of market share, followed by Japan with 4.74 per cent, the Republic of Korea with 3.76 per cent, and the United States with 3.44 per cent.
The country exported more than $1 billion worth of fruit and vegetables last year, which showed a notable increase from the $827 million it earned in 2012.
