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Fruits, vegetables exports hit nearly US$1.8 bln in first half

VGP – Viet Nam’s fruits and vegetables exports to big markets such as the US, the Republic of Korea and Thailand witnessed sharp increases, even up to 200% amid complex developments of the COVID-19 pandemic.

July 08, 2020 8:02 PM GMT+7

According to the statistics of Products Processing and Market Development Department, under the Ministry of Agriculture and Rural Development, as of the end of 2020, Viet Nam earned US$1.79 billion from exporting fruits and vegetables, down 12.2% compared to the same period last year. 

Exports to such markets saw high growths as Thailand US$68 million (up 233.4%), the Republic of Korea US$67.4 million (up 21.8%), the US US$62 million (up 6.1%), Japan US$57.7 million (up 15.5%) and the Netherlands US$34 million (up 9%). 

China remained the largest importer of Viet Nam’s fruits and vegetables in the first five months of this year, with the import value of US$906.1 million, making up 60.4% and a year-on-year decrease 29.1%. 

The Products Processing and Market Development Department stated that as the EU commits to paving the way for Viet Nam’s fruits and vegetables after the EU-Viet Nam Free Trade Agreement takes effects since August 1, 94% of 547 tariff lines relevant to fruits and vegetables will be eliminated. 

In addition, despite consequences of the COVID-19 pandemic, Japan has promoted imports of Viet Nam’s fruits and vegetables such as bananas, dragon fruits, litchi and sweet potatoes. 

By Thuy Dung