Market diversity

In addition to strong growth in revenue, the export of fruit and vegetables also witnessed a diversity in markets. In January, China was the largest importer of Vietnamese fruit and vegetables with a 59.1% share, followed by Thailand and the US, which accounted for 5.2% and 4.3% of Vietnamese exports, respectively. Some markets with strong growth included Ukraine, Cambodia and Egypt, whose imports of fruit and vegetables from Vietnam increased by between five and eleven times.

There is good reason to believe that the export of fruit and vegetables will continue to post strong growth in the coming months.

It is notable that exports to China rose compared with the same period last year but the market share declined from 61.7% to 59.1% in January, indicating that the reliance of Vietnamese fruit and vegetable exports on established markets is falling in tandem with the decent growth in some new markets.

As Vietnam has joined many free trade agreements such as the EU-Vietnam Free Trade Agreement, the Regional Comprehensive Economic Partnership and the UK-Vietnam Free Trade Agreement, the export of fruit and vegetables has many favourable conditions to conquer high-quality markets in 2021.

Focus on processing

According to assessments of many enterprises, as the Covid-19 pandemic remains complicated, processed products will help increase the export value of fruit and vegetables.

Vina T&T General Director Nguyen Dinh Tung said although the coronavirus pandemic surged many times in 2020, it did not greatly affect the company’s export activities as many kinds of fruit had already been processed and could be stored safely for a long time.

Therefore, enterprises should invest in deep processing so that when the export of fresh fruits faces difficulty, they can be processed and may even have their value enhanced.

General Secretary of the Vietnam Fruit and Vegetable Association Dang Phuc Nguyen stated that there is good reason to believe that the export of fruit and vegetables will continue to post strong growth in the coming months, given the encouraging performance in the first two months of the year.

He added that the export of fruit and vegetables is well-positioned to increase in terms of revenue thanks to the signed free trade agreements. In addition, many kinds of Vietnamese fruit and vegetables have met the stringent requirements of high-quality markets such as the US, the EU and Japan, which makes consumers around the world have confidence in Vietnamese agricultural goods.

Therefore, the sector needs to continue focusing on enhancing product quality and safety by developing cultivation areas that meet good agricultural practices and processing facilities that meet the required standards.

Given that Covid-19 has yet to be brought under control, exporters also need to pay attention to packaging and transport to prevent the transmission of coronavirus so that they can be easily cleared to enter other countries.

MARD Minister Nguyen Xuan Cuong urges Bac Giang to continue developing fruit trees in 3 groups of products

(BGO)- It is the opinion of Minister Nguyen Xuan Cuong at the working visit of the Ministry of Agriculture and Rural Development (MARD) to Luc Ngan fruit growing area on 3 January.

Luc Ngan strives to become national key fruit growing area

(BGO)- Blessed with favourable natural conditions and hard working people, the land of Luc Ngan produces many types of delicious fruits making this land become the “corporation of fruit trees” in the province. With its advantages, Luc Ngan is gradually establishing the national key fruit growing area.

Bac Giang grapefruits exported to Russia

(BGO) - At the end of November, the Kim Hang Luc Ngan Organic Agricultural Technology Joint Stock Company (Kim Hang Company) exported 36,000 sweet red-flesh grapefruits to Russia for the first time. This is a good sign, creating links in producing pomelo for export.

Fair of orange, grapefruit and typical products of Luc Ngan district in 2020: Expanding trade, developing tourism

(BGO) - This year, the fair showcasing orange, grapefruit and typical products of Luc Ngan district (Bac Giang province) is held by the district People's Committee from November 20 to 22 with many new points to promote trade connection and the potential for developing a key fruit tree area as well as stimulate tourism demand. Chairman of the district People's Committee La Van Nam, head of the fair’s Organizing Committee, granted an interview to Bac Giang Newspaper on this event.

Fruit and vegetable exports reach nearly US$2.72 billion in ten months

Vietnam raked in about US$230 million from fruit and vegetable exports in October, bringing the total for the first ten months of the year to approximately US$2.72 billion, down 12.5% year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).

Source: NDO