February 4, 2025 | 16:21 GMT +7

  • Click to copy
Sunday- 16:24, 10/03/2024

Vietnam ranks second in fruit and vegetable exports to China

(VAN) Vietnam has surpassed Chile to become the second largest exporter of fruits and vegetables to China thanks to a surge in fruit and vegetable exports.

Data released by China Customs shows that in 2023, exports of vegetables, tubers, fruits and processed products from countries to this market reached $ 24.4 billion. In particular, Thailand continues to lead with a turnover of 8.6 billion USD, accounting for 36% of the market share. Compared to the same period in 2022, Thailand's market share decreased by nearly 2%.

The second position belongs to Vietnam with a turnover of $ 3.4 billion. Vietnam's market share in the Chinese market nearly doubles from 8% in 2022 to 14% in 2023. Vietnam emerged as a phenomenon and surpassed Chile (the country ranked second in fruit and vegetable export turnover to China for many consecutive years).

The market share of Vietnamese fruits and vegetables in the Chinese market nearly doubled from 8% in 2022 to 14% in 2023.

The market share of Vietnamese fruits and vegetables in the Chinese market nearly doubled from 8% in 2022 to 14% in 2023.

"The reason why Vietnam surpassed Chile is due to the sudden increase in durian export turnover. In addition, last year China also increased its imports of processed fruits and vegetables from Vietnam, causing the export turnover of this product to skyrocket", Mr Dang Phuc Nguyen, General Secretary of the Vietnam Vegetable and Fruit Association, explained.

Currently, Vietnam is a "serious" opponent that Chile and Thailand are wary of. This year, when frozen durian, avocado, and coconut from Vietnam are officially exported to this market, the turnover is forecast to increase sharply and the market share among countries exporting to China continues to be divided.

In addition to having abundant supply, Vietnam has an advantage over the above two countries in terms of cost and shipping time. Vietnam's climate is also more favourable than the above countries.

To make exports more favourable, Mr Nguyen believes that producers and purchasing businesses need to connect more closely to improve product quality. For processed goods, they should improve designs and meet the standards of the importing country.

Author: Dong Thai

Translated by Hoang Duy

Vietnam's rice exports surpass 165 million USD in early January

Vietnam's rice exports surpass 165 million USD in early January

(VAN) Vietnam exported nearly 270,000 tons of rice, valued at 165 million USD, during the first half of Jan 2025, a 23% increase from the previous year.

China on pace for record grain production

China on pace for record grain production

(VAN) China, which is the world’s largest wheat and rice producer, is expected to slightly increase its rice output in 2024-25 to 145.3 million tonnes.

Cinnamon exports bring in hundreds of millions of dollars

Cinnamon exports bring in hundreds of millions of dollars

(VAN) Thanks to stable production, cinnamon exports in 2024 grew in both volume and turnover, bringing the country hundreds of millions of dollars.

Vietnam buys 90% of Cambodia's cashew nut output

Vietnam buys 90% of Cambodia's cashew nut output

(VAN) Cambodia is currently one of the countries with the largest output of cashew nuts in the world, with 90% of raw cashew nut output sold to Vietnam.

Rice exports account for the majority of export surplus to the Philippines

Rice exports account for the majority of export surplus to the Philippines

(VAN) Rice exports to the Philippines grow strongly in 2024 and account for the majority of Vietnam's export surplus to this market.

Corn, soybean futures rally on USDA data

Corn, soybean futures rally on USDA data

(VAN) Bringing the bulls to market was the USDA’s downward revision of 2024-25 forecasts for US corn and soybean carryover, production and yields.

Cinnamon leaves have become an export commodity to India

Cinnamon leaves have become an export commodity to India

(VAN) A cooperative has processed cinnamon leaves for export to India, creating regular employment for dozens of workers who have a stable income from this byproduct.

Read more