Durian products push fruit and vegetable exports to record high

This is a record high for the fruit and vegetable industry. In particular, durian has risen from an "insignificant" export turnover to become the most important export item.

Durian contributes 30% of total fruit and vegetable export turnover

According to the General Department of Customs, this figure is even higher than the total export turnover of fruits and vegetables last year. Among the fruit and vegetable groups, durian and dragon fruit are the fruits that contributed the most to this growth. In particular, durian exports in the first 8 months accounted for 30% of the total turnover.

According to the Vietnam Fruit and Vegetable Association, the reason for the sharp increase in durian exports is that May and June are the peak harvest season for this fruit in the southern provinces, so the amount of goods exported to the Chinese market has increased dramatically. From August to the end of the year, the Central Highlands will enter the main harvest season. Therefore, output will skyrocket and durian exports will exceed 1 billion USD.

Currently, the purchase price of durian is increasing sharply due to the end of the season in the West. At the gardens, the price of first-class durian is being advertised at 85,000 - 100,000 VND/kg, double the price of the same period last year.

Recently, Vietnamese durian has been bought at a high price by Chinese businesses and retailers. In addition, the short shipping time and the freshness of Vietnamese products make them highly competitive compared to Thai products.

Statistics from the Ministry of Industry and Trade show that fruit and vegetable exports to major markets in the first 7 months of 2023 all grew well, except for the US market, Taiwan (China), Thailand and Australia. Leading in export value is the Chinese market, reaching 2 billion USD, up 128.5% over the same period in 2022. High growth in fruit and vegetable exports to the Chinese market contributed to promoting positive growth in the fruit and vegetable industry in 2023, as the export value to this market accounted for 64.7% of the total export value of fruit and vegetable products.

Next, exports to the US market reached 140.5 million USD, down 11.2% over the same period in 2022; to South Korea reached 125.1 million USD, up 13%; to Japan reached 105.6 million USD, up 5.5%... The demand for importing fruits and vegetables in these markets is large, but Vietnam only exports a small part of the total demand, so there is still a lot of room for businesses to exploit.

It is forecasted that in 2023, fruit and vegetable exports will likely reach the historic milestone of 5 billion USD. Experts believe that in the context of global inflation, in 2023, China will be the most potential destination for Vietnamese agricultural products thanks to its booming demand, close geographical location, logistics costs and lower risks than other markets.

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