Fruit, vegetable exports jump 30%
Fruit and vegetable exports totaled US$4.63 billion in the first eight months of 2024, up 30.6% year-on-year, and are expected to grow further with new products introduced to key markets.
This year, many products have cracked new markets. Pomelos are new to the Republic of Korea, while fresh coconuts and frozen durians have also been officially exported to China.
The export of frozen durian is predicted to earn $400-500 million this year, and the product is expected to join the "billion-dollar" club by 2025.
Durian - the "king of fruits," is the biggest contributor to fruit and vegetable exports, reaching approximately $1.7 billion in the first seven months of this year, accounting for 41% of the total.
According to Deputy Minister of Agriculture and Rural Development Phung Duc Tien, the official export of frozen durian will bring a significant advantage, helping the sector diversify products and achieve higher values.
According to Dang Phuc Nguyen, Secretary General of the Vietnam Fruit and Vegetable Association, the export of frozen durian will help balance production, stabilize prices, and increase income for both farmers and businesses.
In 2023, China spent nearly $6.7 billion on importing fresh durian and over $1 billion on frozen products. The official export of frozen durian to China presents a chance for Vietnamese businesses and cooperatives to invest in infrastructure and freezing and processing technology.
Source: VnExpress