Vietnamese fruit and vegetable exports throughout the opening five months of the year surged by 28.1% to reach nearly US$3 billion, with the sector seeing bright prospects with the potential to rake in between US$6 billion and US$7 billion this year.
Statistics released by the Ministry of Agriculture and Rural Development indicate that agro-forestry-fisheries exports in May alone edged up by 11.2% to reach US$5.06 billion compared to the same period from last year.
Nguyen Thanh Binh, chairman of the Vietnam Fruit and Vegetable Association, predicted that Vietnamese fruit and vegetable exports are likely to enjoy favourable conditions moving forward thanks to an abundance of domestic supply sources and high demand coming from traditional and emerging markets.
Most notably, popular fruits such as durian, dragon fruit, pineapple, watermelon, mango, longan, and lychees are all anticipated to enjoy higher export growth in the Chinese market moving forward.
According to information given by the Vietnam Fruit and Vegetable Association, China spent a total of US$204 million purchasing Vietnamese durian in April, thereby representing a 6.5-fold rise higher compared to the same period from last year.
Dang Phuc Nguyen, general secretary of the Vietnam Fruit and Vegetable Association, attributed the sudden increase in durian export turnover in April to the Vietnamese fruit product entering its major season.