Fruit and vegetable export may miss US$10 billion preset goal by 2025
Tuesday, December 11,2018AsemconnectVietnam - Export turnover of vegetables and fruits in the first 11 months of 2018 touched over US$ 3.5 billion, representing a year-on-year growth of 11.6%, according to the Ministry of Agriculture and Rural Development (MARD).
China ranked first by occupying 73.8% of the market share.
On the other hand, import turnover of fruits and vegetables valued US$ 1.57 billion, representing a year-on-year growth of 11.5%. Thailand was the largest provider by holding 41.3%; followed by China with 24.4%.
So far, in the first 11 months, vegetables and fruits ran a trade surplus of US$ 1.93 billion.
Mr. Nguyen Xuan Hong, former Director of the Plant Protection Department pointed out tgat the country's vegetable and fruit processing industry remains underdeveloped and while a few enterprises have invested in the industry, and there is a shortage of large-scale central production regions.
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