Vietnamese fruit and veg exports up by 12% in 2018
Vietnam’s fruit and vegetable export value rose by 12% to US$3.5 billion in the first 11 months of 2018, according to the Agro Processing and Market Development Authority (AgroTrade).
China remained the leading market, accounting for three-quarters of market share with more than US$2.4 billion, an increase of 11% year-on-year.
A forecast from the MARD said that in 2018, vegetable and fruit export value will grow about 10% year-on-year, much lower than last year’s figure of 42%.
Many fruits like durian, rambutan and mangosteen will enter harvest period soon, possibly causing declines in the prices of fruits, according to Vietnam Plus.
During January-October, Vietnam earned some US3.3 billion USD from vegetable and fruit exports, up 15.5 percent from the same time last year, said AgroTrade. Of the total, 90.3 percent was raw products while processed ones only accounted for 9.7 percent.