Fruit and vegetable exports drop 5.8 per cent in eight-month periodThursday, September 5,2019
AsemconnectVietnam - During the first eight months of the year, Vietnam’s fruit and vegetable exports fell 5.8 per cent on-year to US$2.53 billion while imports increased by 11.5 per cent to US$1.28 billion, largely coming from China and Thailand, according to the Ministry of Agriculture and Rural Development (MARD).
Strong growth was also seen in Lao market with a 2.84-fold increase, Hong (China) Kong with a 2.37-fold rise, Chinese Taiwan (up 44 per cent), the Netherlands (up 37.9 per cent), Australia (up 33.9 per cent), and Japan (up 25.9 per cent).
During the remaining months of the year, fruit and vegetable exports are predicted to face a number of challenges caused by global economic fluctuations, the escalating US-China trade tensions, and concerns regarding trade and investment activities.
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