
Recovery in Exports
Vietnam's fruit and vegetable exports are showing signs of recovery, nearing $4 billion despite a 2.2% decrease from the previous year. This marks a significant improvement from the nearly 30% decline experienced earlier in the year.
July's Export Growth
In July, exports saw a 33% increase compared to the same period last year, reaching $731 million. This consecutive growth is a positive indicator for the industry.
Durian's Role in Recovery
Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, highlights durian as a key factor in this recovery. After initial setbacks due to stricter Chinese import standards, exports have resumed as major producers meet these requirements.
Other Fruits Gaining Traction
Coconut, processed mango, and passion fruit exports have also seen significant growth, with increases in markets like the U.S., Japan, Taiwan, and the Netherlands. However, exports to China and Thailand have declined.
Future Prospects
Bananas and passion fruit are emerging as potential key exports, with efforts underway to expand their market reach. Despite challenges, China remains the top market for Vietnam's exports, accounting for 48.2% in the first half of the year.
Industry Adaptations
The industry is adapting to meet international standards, with processed products playing a larger role in exports. This shift aims to reduce reliance on fresh fruits and extend shelf life.
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