Vietnam pockets over US$1.8 billion from exporting fruits and veggies in 6 months

Nguyen Tung 08:44, 2018/06/23

As at June 15, 2018, Vietnam`s fruit and vegetable export turnover reached US$1.83 billion, up 19.4% year-on-year, according to the General Department of Vietnam Customs (GDVC).

In the first half of June, the country's fruit and vegetable export revenue jumped to US$169.9 million, representing an increase of 20.6% year-on-year, while in May, the figure was recorded at US$347 million, down 6.7% against the same period last year.

Illustration photo.

In the January - May period, the export turnover of fruits and vegetables stood at US$1.66 billion, up 19.3% compared to 2017.

During this period, Vietnam-grown fruit and vegetable exports to the biggest markets registered high growth, with China importing nearly US$1.2 billion worth of products, a year-on-year increase of 18.1%.

The US came second with US$50.9 million, up 14.6%, followed by Japan with US$46.7 million, up 8%, South Korea with US$46.5 million, up 15.4% and Thailand with US$26.3 million, up 26.3%.

At present, China remains Vietnam's top export market, accounting for 74.6% of the latter's fruit and export turnover in the first five months.

Meanwhile, Vietnam spent over VND13.6 trillion (US$600 million) on importing fruits and vegetables in the five-month period, an increase of US$110 million against last year.

Thailand and China were the biggest fruit and vegetable suppliers with a value of nearly US$385 million, accounting for over 64% of the country's total imports.

In which, Vietnam imported US$274 million worth of mostly Thai fruits and some vegetables, including mango, dragon fruit, rambutan, jackfruit, durian and longan.

Meanwhile, US$110 million was spent on Chinese products, such as carrots, cabbage, potatoes, pomegranates, pears, plums and grapes, over the past five months. The figure represents an increase of US$31 million year-on-year.

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