December 13, 2024 | 05:39 GMT +7
December 13, 2024 | 05:39 GMT +7
Hotline: 0913.378.918
According to the U.S. Department of Agriculture (USDA), in 2020, the country’s importation of mango varieties reached 728,920 tons, valued at US$ 916 million, up 11.5% in volume and 12% in value over 2019.
Mexico maintains its position as the US’ largest mango supply market. During last year, mango imports from Mexico to the US reached 435,240 tons, valued at US$ 478.4 million, up 7.1% in volume and 8.3% in value over 2019. Mangoes from Mexico imported to the US accounted for 59.7% of the country’s total mango import volume.
In the aspect of exporting mango to the US in 2020, behind Mexico there are Peru (104,417 tons), Ecuador (54,414 tons), Brazil (52,603 tons), India (13,400 tons)…
Among the markets that supply mango to the US, Vietnam ranked 14th in 2020 and accounted for 0.3% of the total US import volume of mango with 2,097 tons and US$ 4.6 million.
However, the volume and value of Vietnam’s mangoes imported to the US have increased dramatically. In 2020, Vietnam’s mangoes imported to the US were 66% higher in volume and 70.1% higher in value in comparison to 2019.
Compared to major supply sources, the price of Vietnam’s mangoes imported to the US is higher than many others. To be specific, the average price of Vietnamese mango imported to the US in the previous year was US$ 2.2/kg, Mexican mango was US$ 1.1/kg, and Brazilian mango was US$ 1.01/kg... The average import price of mango to the US last year was US$ 1.26/kg.
Among the types of mango imported into the US by Vietnam, frozen mango occupies the largest proportion. In the past year, the US imports of frozen mangoes from Vietnam reached 1,150 tons, up 38.16% compared to 2019, accounting for 54.76% of the total volume of mangoes imported from Vietnam.
Fresh mango is the second-largest variety, after frozen mango, which the US imported from Vietnam. In 2020, the import volume of Vietnam’s fresh mango accounted for 0.14% of the total amount of fresh mangoes that the US imported and 36.6% of the total volume of mangoes of all types that were imported from Vietnam.
Apart from frozen mango and fresh mango, the US also imported processed mango and mango juice from Vietnam, but these products only accounted for a very small proportion of the total volume of mangoes imported from Vietnam to the US.
In accordance with the evaluation of the Import and Export Department (Ministry of Industry and Trade), processed mango and mango juice are potential products in the context of the complicated Covid-19 epidemic. Therefore, Vietnamese mango exporters need to focus on boosting the exportation of these products to the US in the coming time.
Translated by Samuel Pham
(VAN) With the current growth momentum, Vietnam's cashew industry expects to set a new record in the last few months of 2024.
(VAN) Following Trump’s victory on Nov. 5, nearby US soybean futures swung from around $10 per bushel to highs near $10.50 per bushel, before sinking back below the $10 per bushel range in recent trading.
(VAN) Experts from the Mercantile Exchange of Vietnam offered an effective risk prevention tool against current fluctuations in coffee prices.
(VAN) FAO statistical overview records significant 12 percent drop from record levels in 2021-2022.
(VAN) According to the Vietnam - UK Free Trade Agreement (UKVFTA), 94% of the 547 tariff lines on fruits, vegetables, and fruit products will be eliminated.
(VAN) The Department of Forestry has directed localities to proactively implement the 2024 Forest Development Plan, promptly inform and advise localities on forest planting seasons, and provide technical guidance on planting key tree species...
(VAN) An Egyptian military agency is now in charge of the country’s import of commodities, replacing the state’s General Authority for Supply Commodities (GASC), Reuters reported, citing a letter it had seen.