Vietnam earns US$13 million from fruit and veg exports each day as Tet nears

In January of this year Vietnam generated approximately US$13 million from vegetable and fruit exports each day while spending nearly US$6 million on daily imports of the foodstuffs.

Mangos being inspected before export in Binh Duong province.

The latest data from the General Department of Vietnam Customs shows that the first month of this year, which is the last month of the lunar year ahead of Tet (Lunar New Year), Vietnam saw a strong increase in both imports and exports of fruit and vegetables.

The value of fruit and vegetables exported in January reached nearly US$384 million, up 18% over the previous month and 63% over the same period of last year.

China, Japan, the US, and the Republic of Korea (ROK) remained as the top four importers of Vietnamese fruit and vegetables last month. At the top of the pile, the Chinese market consumed Vietnamese fruits and vegetables worth US$269 million, while the US imported US$11 million, Japan US$10 million, and the ROK US$6.9 million.

For import figures, in the last month the country imported fruit and vegetable products worth US$167 million, up 22% over the previous month and up 72.5% over the same period in 2017.

Thailand topped the turnover figure for Vietnamese imports of fruit and vegetables in January, at more than US$73 million, followed by China with nearly US$39 million, and the US with US$18 million.

(Source: NDO)