Vietnam's six-month vegetable, fruit exports drop 14.5% to $1.5 billion

Viet Nam News Wednesday | 06/17/2020 13:16

Farmers harvest dragon fruits in Binh Thuan province. Photo:

Exports of vegetables and fruits fetched more than $1.5 billion in the first six months of the year, a year-on-year decline of 14.5 percent, agriculture ministry reported.

China was the leading importer of Vietnam’s vegetables and fruit, holding a lion’s share of about 60.8 percent. However, exports of those products to the northern neighbouring country slipped 29.2 percent in value compared to the same period last year.

Meanwhile, exports to most other markets increased. Earnings from Thailand topped $57.8 million in the period, surging 244.1 percent, and from the Republic of Korea $54.6 million, up 25.4 percent.

Shipments to Japan and the Netherlands picked up 26.4 percent and 28.3 percent to $46.2 million and $28 million, respectively.

Firms are advised to bolster exports of processed vegetable and fruits. Exports of the items are projected to bounce back at year’s end as the COVID-19 pandemic is expected to be brought under control. 

Source: Viet Nam News

Same category news

Hot news of the day

Latest news