Fruit, vegetable exports valued at 3.3 billion USD

Vietnam earned some 3.3 billion USD from vegetable and fruit exports during January-October. (Photo: VNA)

Hanoi (VNA) – Vietnam earned some 3.3 billion USD from vegetable and fruit exports during January-October, up 15.5 percent from the same time last year, the Agro Processing Market Development Authority (AgroTrade) under the Ministry of Agriculture and Rural Development has said.

Of the total shipments, 90.3 percent were raw products while the processed ones only accounted for 9.7 percent.

China remained the largest market of Vietnamese fruits and vegetables. Vietnam shipped nearly 2.2 billion USD worth of the products to the neighbouring country in the first nine months of the year, a year-on-year surge of 10.4 percent. 

Strong growth was seen in the exports to Thailand (35 percent), Australia (31.6 percent), the US (30 percent), and the Republic of Korea (24.4 percent).

In October, Vietnam splashed out 134 million USD on purchasing foreign fruits and vegetables, raising the total import value of these products in the ten-month period to 1.43 billion USD, rising 13.1 percent against the same period last year.

The AgroTrade said that many fruit and vegie processing plants will be put into operation in the last months of 2018, helping Vietnam improve its production capacity in order to realise its set goal of 4 billion USD in export revenue this year.