| Exports week of November 13-19: Fruit and vegetable exports to reach a record $5 billion, cassava joins the "billion-dollar export club". Vietnam's fruit and vegetable exports and the worry of its "Achilles' heel". |
According to the Vietnam Fruit and Vegetable Association, the sharp decline in fruit and vegetable exports at the end of the year is due to the fact that the main export item, durian, has passed its peak season. Meanwhile, this item contributes the most to the export value of the fruit and vegetable industry.
| Watermelons will be officially exported to China (Photo: Quang Nam Online Newspaper) |
Despite a decline in export value in November, overall fruit and vegetable exports for the first 11 months still showed impressive growth.
Overall, in the first 11 months, fruit and vegetable exports reached nearly $5.2 billion, a significant increase of 70.3% compared to the same period last year. This is the key export group with the most impressive growth rate.
Notably, even though the year is not yet over, fruit and vegetable exports have already set a record, reaching the $5 billion mark for the first time.
Regarding export markets, China continues to hold the number one position with a turnover of over 3.4 billion USD (as of the end of November), an increase of 149% compared to the same period last year (equivalent to an increase of more than 2 billion USD) and accounting for approximately 65.4% of the total export turnover of this product from all countries.
As the year draws to a close, there's more good news for the fruit and vegetable industry: the Ministry of Agriculture and Rural Development (Vietnam) and the General Administration of Customs (China) have just signed a Protocol on phytosanitary requirements for fresh watermelons exported from Vietnam to China. This Protocol is a step towards promoting the official export of this traditional Vietnamese agricultural product and standardizing regulations on agricultural exports between the two countries.
According to forecasts, by 2025, the durian market size in China could reach US$20 billion, and the global market could reach US$28.6 billion. The growth rate of the global durian industry during the period 2019-2025 is projected at approximately 7.2% per year. Therefore, the durian market remains very strong in the coming years. Consequently, the Vietnam Fruit and Vegetable Association advises farmers to consider sustainability, improving product quality and seed varieties.
Despite favorable factors, Vietnam's fruit and vegetable industry still faces many difficulties and challenges as more and more countries erect technical barriers.
Recently, Thailand raised its export standards for durian, specifically increasing the dry matter content of the durian flesh from 32% to 35% and implementing stricter monitoring of each shipment to ensure compliance. This poses significant challenges for Vietnamese durian farmers and businesses.
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