April 14, 2025 | 22:50 GMT +7

  • Click to copy
Thursday- 09:18, 15/08/2024

Korea spent $ 164 million on Vietnamese fruits and vegetables

(VAN) In the first half of the year, Korea spent over $ 164 million (4,100 billion VND) on Vietnam's fruits and vegetables, up 55% over last year.

According to the General Customs of Vietnam, South Korea is the second-largest market, after China, for importing Vietnamese fruits and vegetables, accounting for about 5% of the total export market share.

Three main agricultural products significantly contributing to fruits and vegetables export turnover to South Korea include bananas, mangoes, and sesame seeds. Specifically, banana exports reached $ 35.4 million, nearly tripling compared to the same period last year. Mango exports totalled $ 24 million, a 72% increase, and sesame seed exports reached nearly $ 30 million, up 62%.

Additionally, other products like dragon fruit, watermelon, shiitake mushrooms, durian, and pineapple also saw strong growth, ranging from 40% to 217% compared to the same period. Notably, almond exports, a type of nut from Vietnam, reached nearly $ 2 million, marking a 244-fold increase.

Hoang Anh Gia Lai's banana processing factory. Photo: Thi Ha.

Hoang Anh Gia Lai's banana processing factory. Photo: Thi Ha.

A representative of a banana exporting business in Gia Lai stated that their products are increasingly winning the favour of South Korean consumers and are widely available in major supermarket chains like Lotte Mart. The bananas, grown in the highlands of Lơ Pang commune, Mang Yang district, Gia Lai province, are distinguished by their thick peel and rich sweetness.

Mr Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, commented that the scale of fruits and vegetables imports from South Korea is continuously growing. It is expected that in the first seven months of the year, Vietnam's fruit and vegetable export turnover to South Korea will reach $ 190 million and may continue to increase sharply during the year-end festive season.

As for bananas, the South Korean market size exceeds $ 300 million annually. Therefore, this fruit still has significant potential for growth and market expansion in this country.

According to the Vietnam Trade Office in South Korea, in addition to bananas, products such as watermelon, pineapple, strawberries, grapes, mangoes, and jackfruit are also attracting the attention of South Korean consumers. To compete with other countries like Thailand and the Philippines, Vietnamese products must meet food safety standards and be packaged according to local requirements.

Author: Thi Ha

Translated by Hoang Duy

Expanding cocoa cultivation area to meet export standards

Expanding cocoa cultivation area to meet export standards

(VAN) In the Mekong Delta, cocoa has provided stable economic returns for many years. Recently, a surge in cocoa prices has created a strong incentive for farmers to expand their cultivation areas.

Branding Vietnamese bird’s nest: Taking off by three key factors

Branding Vietnamese bird’s nest: Taking off by three key factors

(VAN) Product quality, branding strategy, and technology innovation are key factors for Vietnamese bird’s nest to establish its foothold on the global map.

Branding Vietnamese bird’s nest: Reaching the world

Branding Vietnamese bird’s nest: Reaching the world

(VAN) KOCHAM Deputy President expects that Vietnam would accelerate innovation and development of bird’s nest-based products as a representation of Vietnamese culture.

Australian dairy farmers struggle to compete with imported cheese

Australian dairy farmers struggle to compete with imported cheese

(VAN) Imported dairy products are weakening the local industry, according to dairy farmers and processors.

Vietnamese pomelos officially available in RoK's Lotte Mart

Vietnamese pomelos officially available in RoK's Lotte Mart

(VAN) April 10 marked a significant milestone for Vietnam's agricultural exports as Vietnamese pomelos officially became available at the Lotte Mart supermarket chain in South Korea.

Vietnam carbon market leveraging national low emission development

Vietnam carbon market leveraging national low emission development

(VAN) Vietnam is focusing on developing the legal framework and technical infrastructure for the carbon market, with committed support from global financial institutions.

China's citrus fruits market: Volume to reach 56M tons, value to hit $71B by 2035

China's citrus fruits market: Volume to reach 56M tons, value to hit $71B by 2035

(VAN) The citrus fruits market in China is expected to slow down, but still show steady expansion, with volume reaching 56M tons and value reaching $71B by the end of 2035.

Read more